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
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
DEARBORN, MICH. (Aug. 14, 2:30 p.m. ET) -- Plastics are prominent in multiple gold-winning entries in the 2012 International Design Excellence Awards. Medical equipment, smartphones, an infant warmer, a task light and headphones are among ...
Tags: market view, plastics, elastomer
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