Archived from the Tools In Action forum (Pub Talk). This thread is read-only.
Earlier this month Newell Brands put elements of its tool business up for sale and within a week’s time came to terms with Stanley Black & Decker, which agreed to pay $1.95 billion for Lenox, Irwin, and Hilmor.
You can read more here: http://www.toolsofthetrade.net/power-tools/sb-d-acquires-lenox-irwin-and-hilmor_o?utm_source=newsletter&utm_content=Article&utm_medium=email&utm_campaign=TOTT_101816 (1)&he=c0a4ce6db0a8b4a90061b5825c98c94315b985c3
Heard about that, be interesting to see what happens to these brands and what they do with them
Interesting. I think Stanley Black & Decker needs to focus more on their own brands and getting them up and running before they tackle new businesses.
Soon, everything will be owned by one company…
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I want to dig a bit deeper into this purchase, and see if maybe there are some patents involved.
regopit wrote:
Earlier this month Newell Brands put elements of its tool business up for sale and within a week’s time came to terms with Stanley Black & Decker, which agreed to pay $1.95 billion for Lenox, Irwin, and Hilmor.
You can read more here: http://www.toolsofthetrade.net/power-tools/sb-d-acquires-lenox-irwin-and-hilmor_o?utm_source=newsletter&utm_content=Article&utm_medium=email&utm_campaign=TOTT_101816 (1)&he=c0a4ce6db0a8b4a90061b5825c98c94315b985c3
Nooooooo. I think that’s devastating for individuality in tools. Massive fan of Stanley Tools And Irwin,Lenox. But not under same banner…
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At least they weren’t sold to TTi.
Stercorarius wrote:
At least they weren’t sold to TTi.
Yet.
Just wait.
At the rate companies keep swallowing other companies, it won’t be long before there is 1-2 controlling it all. Capitalism at its finest and the illusion of choice.
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HiltiWpg wrote:
3 hours ago, HiltiWpg said:
Yet.
Just wait.
At the rate companies keep swallowing other companies, it won’t be long before there is 1-2 controlling it all. Capitalism at its finest and the illusion of choice.
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What is that saying chose your illusion.
HiltiWpg wrote:
On 10/19/2016 at 1:19 AM, HiltiWpg said:Soon, everything will be owned by one company…
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ya wal-mart!
Pepsi actually. You’ll find a lot of Dewalt in Walmart when Pepsi buys them though :P.