“Significant automotive & industrial fastener penetration gains were partially offset by the anticipated impact from lower automotive system shipments.”
“Significant automotive & industrial fastener penetration gains were partially offset by the anticipated impact from lower automotive system shipments.”
In recent months Stanley Black & Decker has acquired Newell Brand’s tool unit, which contains strong brands like Lenox and Irwin; the company also acquired Sears’ Craftsman Tools, SeekingAlpha reports.
Stanley Black & Decker to develop, manufacture and sell Craftsman-branded products in non-Sears Holdings channels.
Sale includes the commercial hardware brands of BEST Access, phi Precision and GMT.