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  5. Klein Tools Acquires Wattmaster

M&A Deal Summary

Klein Tools Acquires Wattmaster

On February 4, 2019, Klein Tools acquired distribution company Wattmaster

Acquisition Highlights
  • This is Klein Tools’ 1st transaction in the Distribution sector.
  • This is Klein Tools’ 2nd transaction in Australia.

M&A Deal Summary
Date 2019-02-04
Target Wattmaster
Sector Distribution
Buyer(s) Klein Tools
Deal Type Add-on Acquisition

Target

Wattmaster

Carrum Downs, Australia
Wattmaster is a marketer and distributor of electrician's tools, instruments and consumables have been selected with the tradesperson in mind encompassing products from cable cutting tools through to safety products such as test tags and safety mats. Wattmaster is based in Carrum Downs, Australia.

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Buyer(S) 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 STATS #
Overall 5 of 5
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Australia M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-07 General Machine Products Co.

Trevose, Pennsylvania, United States

General Machine Products Co., Inc. is provider of specialty cable placement tools and equipment. The company is primarily known for its premium quality cable lashing machines, cable blowing equipment and other specially designed tools for the utility, data and telecommunications markets.

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