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OX Group Global acquires Armor Tool to strengthen its position as an innovation leader

PRIVATEMay 02, 2024

Acquiring Company

OX Group Global

Acquired Company

Armor Tool

OrpingtonRed DeerManufacturingManufacturing

Description

OX Group Global, a leading provider of innovative hand tools, has acquired Armor Tool, an innovative brand known for high-quality auto-adjusting woodworking and welding clamps. This strategic acquisition reinforces OX Group Global's commitment to delivering innovative solutions, expands its product portfolio, and strengthens its position as a leader in innovation.

Quick answer

OX Group Global is acquiring Armor Tool, announced May 2, 2024. OX Group Global is based in Orpington, Greater London, United Kingdom.

How much did OX Group Global pay for Armor Tool?
The deal value was not disclosed.
What does OX Group Global do?
OX Group Global is a leading provider of innovative hand tools, diamond tools, and tool storage.
Where are OX Group Global and Armor Tool based?
OX Group Global is based in Orpington, Greater London, United Kingdom. Armor Tool is based in Red Deer, Alberta, Canada.
Who are the decision-makers at OX Group Global?
Fundz holds 1 contact at OX Group Global. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

OX Group Global

Location

Orpington, Greater London, United Kingdom

About

OX Group Global is a leading provider of innovative hand tools, diamond tools, and tool storage. With a vision of 'Foundation to Finish', OX Group Global delivers products driven by innovation to provide solutions from the foundation of the build through to the finish. The company has a history of strategic acquisitions, including the acquisition of BORA Tool in October 2023.

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Frequently asked

Who acquired Armor Tool?

Armor Tool was acquired by OX Group Global, based in Orpington. The deal was reported on May 2, 2024. OX Group Global is a leading provider of innovative hand tools, diamond tools, and tool storage. OX Group Global is privately held and operates in Manufacturing.

When did OX Group Global acquire Armor Tool?

OX Group Global's acquisition of Armor Tool was reported on May 2, 2024. OX Group Global, a leading provider of innovative hand tools, has acquired Armor Tool, an innovative brand known for high-quality auto-adjusting woodworking and welding clamps. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Armor Tool do?

Armor Tool is an innovative brand known for producing high-quality auto-adjusting woodworking and welding clamps, as well as unique self-adjusting pocket hole jigs. It is privately held, operating in Manufacturing, and is based in Red Deer.

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