Archived from the Tools In Action forum (Power Tool News). This thread is read-only.
Someone needs to explain to me how this works…Kyocera can buy 80% of the shares, somehow this only applies to Asian markets, and TTI who is based in China still *actually* owns Ryobi?
I actually think I would have approved more of Kyocera owning Ryobi outright. They have decades of history making quality product all over Japan. TTI…I’ve never been particularly ecstatic about.
From the Ryobi website (not the tools one, but Ryobi.com):
QuoteATTENTION CONSUMERS OF RYOBI-BRAND PRODUCTS IN NORTH AMERICA
Ryobi-brand power tools and outdoor products are sold, distributed and serviced in North America through third-party licensees of the Ryobi® trademark. Click on the following links for further information :
Kyocera owns Ryobi Group, TTI licenses the trademark for usage in North America, and for Europe, Australia, and New Zealand according to the TTI website..
Same deal as Ridgid. The guys who make the good pipe wrenches own the brand, but they aren’t the ones who make the home Depot Power tools. TTi does by paying them for a license to use the trademark and slap it on tti tools in home Depot.
I learn so much from you guys 👏🏼