M&A Deal Summary

Stanley Black & Decker Acquires Newell Tools

On March 10, 2017, Stanley Black & Decker acquired manufacturer Newell Tools from Newell Brands for 2.0B USD

Acquisition Highlights
  • This is Stanley Black & Decker’s 6th transaction in the Manufacturing sector.
  • This is Stanley Black & Decker’s 2nd largest (disclosed) transaction.
  • This is Stanley Black & Decker’s 15th transaction in the United States.
  • This is Stanley Black & Decker’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2017-03-10
Target Newell Tools
Sector Manufacturing
Buyer(s) Stanley Black & Decker
Sellers(s) Newell Brands
Deal Type Divestiture
Deal Value 2.0B USD

Target

Newell Tools

Hoboken, New Jersey, United States
Newell Tools was a diversified industrial tools business division of Newell Brands Inc. The Division operated as a manufacturer and distributor of professional-grade hand tools, power tool accessories, and industrial cutting solutions. Its flagship brands included Irwin, Lenox, and Hilmor.

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Buyer(S) 1

Buyer

Stanley Black & Decker

New Britain, Connecticut, United States

Category Company
Founded 1843
Sector Diversified
Employees48,500
Revenue 15.4B USD (2024)
DESCRIPTION
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.

Stanley Black & Decker is a diversified global producer of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems, infrastructure solutions and more. Stanley Black & Decker was founded in 1843 and is based in New Britain, Connecticut.


DEAL STATS #
Overall 22 of 27
Sector: Manufacturing M&A 6 of 8
Type: Divestiture M&A Deals 4 of 5
State: New Jersey M&A 1 of 1
Country: United States M&A 15 of 20
Year: 2017 M&A 2 of 2
Size (of disclosed) 2 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 JENSEN Tools + Supply

North Andover, Massachusetts, United States

JENSEN Tools + Supply, Inc. is a provider of value-added solutions for electronics manufacture, field service, and repair professionals. JENSEN’s customer-centric approach combines the best brands and products with an experienced and responsive sales team to provide a level of service that’s unmatched in the industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-07 International Equipment Solutions - IES Attachments Business

Lexington, Kentucky, United States

International Equipment Solutions LLC - IES Attachments Business is a manufacturer of high quality, performance-driven heavy equipment attachment tools for off-highway applications, with leading brands such as Paladin, Genesis and Pengo.

Buy $690M

Seller(S) 1

SELLER

Newell Brands

Atlanta, Georgia, United States

Category Company
Founded 1903
Sector Consumer Products
Employees23,700
Revenue 7.6B USD (2024)
DESCRIPTION
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.

Newell Brands is a marketer of consumer and commercial products. Newell Brands was founded in 1903 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 14 of 21
Sector: Manufacturing M&A 3 of 3
Type: Divestiture M&A Deals 13 of 20
State: New Jersey M&A 1 of 1
Country: United States M&A 13 of 20
Year: 2017 M&A 1 of 3
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-12 Sistema Plastics

Auckland, New Zealand

Sistema Plastics Ltd. is a provider of food storage containers. Sistema Plastics Ltd. was established in 1994 and is headquartered in Auckland, New Zeland.

Buy $470M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-10 Newell Brands - Fire Starter & Fire Log Business

Atlanta, Georgia, United States

Newell Brands, Inc. - Fire Starter & Fire Log Business comprises Pine Mountain fire starters and fire logs business as well as its Diamond matches, fire starters, lighters, toothpicks, clothespins and clotheslines business.

Sell -