Acquisition
6 articles
Makita launches new industrial tools subsidiary after Panasonic deal
Makita Industrial Tools Corporation, formally renamed on September 1, 2026, from its initial April 2026 incorporation as NEXRA Field Works Co.
GSI Group Acquires Aven Tools, Expanding Lab Equipment Offerings
GSI Group, a portfolio company backed by L Squared Capital, just completed its fifth acquisition with Aven Tools.
Snap-on Buys Diesel Laptops for $100 Million
On June 8, 2026, Snap-on finalized its $100 million acquisition of Diesel Laptops, immediately bolstering its digital capabilities for heavy-duty vehicle diagnostics.
Platte River Equity Acquires Tallman Equipment to Boost Utility Linework
Tallman Equipment Company, praised by customers for its 'best prices' and 'fast shipping,' has been acquired by private equity firm Platte River Equity.
Snap-on Acquires Hi-Force Group Holdings Ltd.
On April 30, Snap-on Incorporated spent $58 million in cash to acquire Hi-Force Group Holdings Ltd.
Makita to Acquire Panasonic Power Tool Business
Makita is acquiring Panasonic's power tool business in a significant industry consolidation. This move will combine two Japanese manufacturing giants, raising questions for tradespeople about future product lines and support.