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Greatstar Tools Usa Acquires High-Performance Professional Hand Tools Brand, Sk Professional Tools

PRIVATEOct 28, 2021

Acquiring Company

SK PROFESSIONAL TOOLS

Acquired Company

SK PROFESSIONAL TOOLS

ManufacturingCommerce And ShoppingManufacturingCommerce And Shopping

Description

GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional and industrial markets worldwide, announced today its acquisition of SK Professional Tools, a leading provider of high-quality hand tools for professionals across a variety of industries, most notably the automotive industry. As part of the acquisition, which officially took place on June 30, 2021, GreatStar plans to invest in SK Professional Tools product innovation and expand distribution, offering customers more opportunities to purchase these tools.

Quick answer

SK PROFESSIONAL TOOLS is acquiring SK PROFESSIONAL TOOLS, announced October 28, 2021.

How much did SK PROFESSIONAL TOOLS pay for SK PROFESSIONAL TOOLS?
The deal value was not disclosed.

Source: Fundz verified event record.

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Company Information

Company

SK PROFESSIONAL TOOLS

About

Today, as part of GreatStar Tools USA, SK Professional Tools manufactures over 3,000 products, continuing our commitment to providing American-made innovation to the toughest tradesmen in the world. SK has been trusted by generations of mechanics for its broad line of high-quality, American-made tools that includes sockets, wrenches, ratchets, hammers and screwdrivers.

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Frequently asked

Who acquired SK PROFESSIONAL TOOLS?

SK PROFESSIONAL TOOLS was acquired by SK PROFESSIONAL TOOLS. The deal was reported on October 28, 2021. Today, as part of GreatStar Tools USA, SK Professional Tools manufactures over 3,000 products, continuing our commitment to providing American-made innovation to the toughest tradesmen in the world. SK PROFESSIONAL TOOLS is privately held and operates in Manufacturing.

When did SK PROFESSIONAL TOOLS acquire SK PROFESSIONAL TOOLS?

SK PROFESSIONAL TOOLS's acquisition of SK PROFESSIONAL TOOLS was reported on October 28, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SK PROFESSIONAL TOOLS do?

Today, as part of GreatStar Tools USA, SK Professional Tools manufactures over 3,000 products, continuing our commitment to providing American-made innovation to the toughest tradesmen in the world. It is privately held, operating in Manufacturing.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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