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Divestiture • Machinery

Chervon Holdings Acquires Robert Bosch Tool - SKIL and SKILSAW brands

On February 24, 2017, Chervon Holdings acquired machinery company Robert Bosch Tool - SKIL and SKILSAW brands from Robert Bosch Tool

Acquisition Context
  • This is Chervon Holdings’ 1st transaction in the Machinery sector.
  • This is Chervon Holdings’ 1st transaction in the United States.
  • This is Chervon Holdings’ 1st transaction in Illinois.

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M&A Deal Summary
Date February 24, 2017
Target Robert Bosch Tool - SKIL and SKILSAW brands
Sector Machinery
Buyer(s) Chervon Holdings
Sellers(s) Robert Bosch Tool
Deal Type Divestiture

Target Company

Robert Bosch Tool - SKIL and SKILSAW brands

Mount Prospect, Illinois, United States
Robert Bosch Tool Corp. - SKIL and SKILSAW brands specialize in combining cutting-edge technology with exceptional quality to deliver the best tools to end-users.
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Buyer Overview 1

Buyer

Chervon Holdings

Nanjing, China
Category Company
Sector Manufacturing
DESCRIPTION

CHERVON is a Chinese developer and manufacturer of power tools with a strong international customer base.

Deal Context for Buyer #
Overall 2 of 2
Sector: Machinery 1 of 1
Type: Divestiture 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-30 FLEX-Elektrowerkzeuge

Steinheim, Germany

FLEX is a European developer and manufacturer of first class specialty power tools in the niche markets renovation, metal working, polishing and stone working.

Buy -

Seller Profile 1

SELLER

Robert Bosch Tool

Mount Prospect, Illinois, United States
Category Company
Founded 2003
Sector Machinery
DESCRIPTION

Robert Bosch Tool Corp. is a provider of power tools and power tool accessories.

Deal Context for Seller #
Overall 1 of 1
Sector: Machinery 1 of 1
Type: Divestiture 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1

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