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Stanley Black & Decker bought MTD and Excel

This topic can be found at:
https://sigforum.com/eve/forums/a/tpc/f/320601935/m/9050031884

January 02, 2022, 09:21 AM
Leemur
Stanley Black & Decker bought MTD and Excel
Buyout occurred last month. This is the first I’ve heard of it.

https://www.protoolreviews.com...ion-of-mtd-holdings/
January 02, 2022, 09:40 AM
bryan11
Thank you. I hadn't realized a few holding companies own so many tool companies.
January 02, 2022, 10:05 AM
Leemur
Stanley owns a ridiculous number of tool brands.
January 02, 2022, 10:36 AM
OKCGene
Wow I thought that sounded familiar.

They already owned 20% back in 2018 and announced a year ago that they were going to buy the other 80% last January 2021. Must have finally closed on the deal a year later.

Yeah, they own a tremendous number of tool related businesses. They're huge. When you go buy a new tool, power or hand, there's a good chance that whatever brand is better than the other brand is already owned by them anyway.
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