M&A Deal Summary

Apex Tool Group Acquires Shanghai Yecen Auto Technology

On March 31, 2015, Apex Tool Group acquired machinery company Shanghai Yecen Auto Technology

Acquisition Highlights
  • This is Apex Tool Group’s 1st transaction in the Machinery sector.
  • This is Apex Tool Group’s 1st transaction in China.

M&A Deal Summary

Date 2015-03-31
Target Shanghai Yecen Auto Technology
Sector Machinery
Buyer(s) Apex Tool Group
Deal Type Add-on Acquisition

Target

Shanghai Yecen Auto Technology

China
Shanghai Yecen Auto Technology Ltd. is a chinese automotive repair equipment manufacturer.

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Buyer(S) 1

Buyer

Apex Tool Group

Sparks, Maryland, United States

Category Company
Founded 2010
Sector Machinery
Revenue 1.5B USD (2013)
DESCRIPTION

Apex Tool Group is a global producer of industrial hand and power tools, tool storage, drill chucks, chain, and electronic soldering products. Apex serves a multitude of global markets, including automotive, aerospace, electronics, energy, hardware, industrial, and consumer retail. Apex Tool Group was founded in 2010 and is based in Sparks, Maryland.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2015 M&A 1 of 1