Add-on Acquisition • Metals/Mining

Klein Tools Acquires Klein Cutlery

On August 31, 2007, Klein Tools acquired metals/mining company Klein Cutlery

Acquisition Context
  • This is Klein Tools’ 1st transaction in the Metals/Mining sector.
  • This is Klein Tools’ 1st transaction in the United States.
  • This is Klein Tools’ 1st transaction in New York.

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M&A Deal Summary

Date August 31, 2007
Target Klein Cutlery
Sector Metals/Mining
Buyer(s) Klein Tools
Deal Type Add-on Acquisition

Target Company

Klein Cutlery

Bolivar, New York, United States
Klein Cutlery LLC is a manufacturer of hot-forged scissors and shears for textiles, sewing, poultry, electronics, fiber optics, and pet grooming applications.
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Buyer Overview 1

Buyer

Klein Tools

Lincolnshire, Illinois, United States

Category Company
Founded 1857
Sector Building Materials
DESCRIPTION

Since 1857, Klein Tools has been manufacturing tools in America. It offers pliers, screwdrivers and nut drivers, tool bags, cable and bolt cutters, and power tool accessories, as well as hammers, chisels, and punches.


Deal Context for Buyer #
Overall 1 of 5
Sector: Metals/Mining 1 of 1
Type: Add-on Acquisition 1 of 5
State: New York 1 of 1
Country: United States 1 of 2
Year: 2007 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Mumme Tools Pty

Lonsdale, Australia

Mumme Tools Pty Ltd.

Buy -