M&A Deal Summary

General Tools & Instruments Acquires Garden Weasel

On May 7, 2020, General Tools & Instruments acquired manufacturer Garden Weasel from Faultless Brands

Acquisition Highlights
  • This is General Tools & Instruments’ 1st transaction in the Manufacturing sector.
  • This is General Tools & Instruments’ 2nd transaction in the United States.
  • This is General Tools & Instruments’ 1st transaction in Montana.

M&A Deal Summary

Date 2020-05-07
Target Garden Weasel
Sector Manufacturing
Buyer(s) General Tools & Instruments
Sellers(s) Faultless Brands
Deal Type Divestiture

Target

Garden Weasel

Kansas City, Montana, United States
website
Garden Weasel is a provider of specialized lawn and garden tools. Garden Weasel is based in Kansas City, Montana.

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Buyer(S) 1

Buyer

General Tools & Instruments

Secaucus, New Jersey, United States

website


Category Company
Founded 1922
Sector Manufacturing
Revenue 68M USD (2020)
DESCRIPTION

General Tools & Instruments LLC is a designer and developer of precision specialty hand tools and handheld test instruments. The company offers a broad product portfolio of professional and consumer items used across multiple end markets, serving hobbyists and DIY enthusiasts as well as professionals. General Tools & Instruments was founded in 1922 and is based in Secaucus, New Jersey.


DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Montana) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-28 Pac Tool International

Kingston, Washington, United States

Pac Tool International Ltd. designs and manufactures siding tools and gauges, specialty hand tools, cutting tools and blades used to cut and install fiber-cement siding, wood shingles and other exterior siding and cladding materials.

Buy -

Seller(S) 1

SELLER

Faultless Brands

Kansas City, Missouri, United States

website


Category Company
Founded 1887
Sector Consumer Products
DESCRIPTION

Faultless Brands is a manufacturer and marketer across the fabric, fragrance, and home care categories to consumer and commercial markets. Faultless Brands was founded in 1887 and is based in Kansas City, Missouri.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Montana) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1