M&A Deal Summary

General Tools & Instruments Acquires Pac Tool International

On November 28, 2017, General Tools & Instruments acquired machinery company Pac Tool International

Acquisition Highlights
  • This is General Tools & Instruments’ 1st transaction in the Machinery sector.
  • This is General Tools & Instruments’ 1st transaction in the United States.
  • This is General Tools & Instruments’ 1st transaction in Washington.

M&A Deal Summary
Date 2017-11-28
Target Pac Tool International
Sector Machinery
Buyer(s) General Tools & Instruments
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

General Tools & Instruments

Secaucus, New Jersey, United States
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 1 of 2
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-07 Garden Weasel

Kansas City, Montana, United States

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

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