Improving safety and saving time are two major trends that hand tool manufacturers are focusing on in the marketplace. "We're getting a lot of traction in the industrial market for products that are designed for improved safety. A case in ...
Danaher Corp. and Eaton say they have completed the previously announced sale of Apex Tool Group to Bain Capital. Danaher and Cooper Industries each maintained a 50% joint venture ownership interest in Apex. Cooper Industries was acquired ...
Tags: Danaher Corp, Eaton, Apex Tool Group
- Second Quarter EPS a Record $1.17, Up 22% - Total Revenue up 7.4%, Core Revenue up 5.5% Cooper Industries plc (NYSE: CBE) today reported record second quarter earnings per share of $1.17, an increase of 22% compared to earnings per ...
Tags: Cooper Industries plc, financial report, market commentary, electrical
Danaher Corp (DHR.N) and Cooper Industries (CBE.N) will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining a growing group of U.S. conglomerates that is divesting its non-core ...
Tags: Market View, Power tool
The Apex Tool Group GmbH & Co. OHG gained a major order in the eight-figure range for tightening technology in three plants of the BMW Group. Regensburg, Leipzig and Oxford rely on the well-known products of the industrial tool manufacturer ...
Tags: Market View, hand tool
Stanley Black & Decker Inc. has put up its hardware and home-improvement unit for sale in an auction that could fetch around $1.5 billion, people familiar with the matter said. The unit, part of Black & Decker before its 2010 merger with ...
Tags: Market View, hardware, hand tool, power tool
Danaher Corp. (DHR) and Cooper Industries (CBE) Plc are seeking buyers for a joint venture that makes hand tools for Sears Holdings Corp.’s Craftsman brand, said two people with knowledge of the matter. The venture, Apex Tool Group, ...
Tags: Market View, hand tool
Danaher Corp. (DHR) and Cooper Industries (CBE) Plc are seeking buyers for their jointly owned toolmaking business, said two people with knowledge of the matter. Apex Tool Group may fetch $1.5 billion or more and attract interest from ...
Tags: Market View, power tool, hand tool
Cooper Industries PLC's (CBE) fourth-quarter earnings rose 13%, aided by a sharp increase in income from a joint venture with Danaher Corp. (DHR) that manufacturers hand tools. Cooper, which makes safety lighting, circuit breakers, wiring ...
Tags: Market View, tool