ToolGuyd

Tool Reviews, New Tool Previews, Best Tool Guides, Tool Deals, and More!

  • New Tools
  • Reviews
  • Guides
    • Best Cordless Power Tool Brand
    • Tool Brands: Who Owns What?
    • Best Cordless Drills (2021)
    • Dewalt UWO Explained
    • Where to Buy Tools
    • Best Tool Kit Upgrades
    • Best Extension Cord Size
    • Best Tape Measure
    • Best Safety Gear
    • Best Precision Screwdrivers
    • Best Tool Brands in Every Category
    • Ultimate Tool Gift Guide
    • More Buying Guides
  • Hand Tools
    • Bit Holders & Drivers
    • EDC, Pocket, & Multitools
    • Electrical Tools
    • Flashlights & Worklights
    • Knives
    • Mechanics’ Tools
    • Pliers
    • Screwdrivers
    • Sockets & Drive Tools
    • Wrenches
    • All Hand Tools
  • Power Tools
    • Accessories
    • Cordless
    • Drills & Drivers
    • Oscillating Tools
    • Saws
    • Woodworking Tools
    • All Power Tools
  • Brands
    • Bosch
    • Dewalt
    • Makita
    • Milwaukee
    • Ryobi
    • All Brands
  • USA-Made
  • Deals
ToolGuyd > News > Stanley and Black & Decker Merger!

Stanley and Black & Decker Merger!

Nov 2, 2009 Stuart 2 Comments

If you buy something through our links, ToolGuyd might earn an affiliate commission.

Stanley-Black-&-Decker

From today’s press release:

The Stanley Works (NYSE: SWK), a worldwide supplier of quality tools and engineered solutions for industrial, construction and do-it-yourself use, and security solutions for commercial applications, and The Black & Decker Corporation (NYSE: BDK), a global manufacturer and marketer of quality power tools and accessories, hardware and home improvement products, and technology-based fastening systems, announced today that they have entered into a definitive merger agreement to create Stanley Black & Decker, an $8.4 billion global industrial leader in an all-stock transaction valued at approximately $4.5 billion.

Advertisement

According to MarketWatch, Stanley will own 50.5% of the new company, and Stanley’s current chairman and CEO, John Lundgren, will take over as CEO. Nolan Archibald, who was CEO of Black & Decker for 24 years, will be the executive chairman for three years.

Stanley Black & Decker Merger Press Release
News via MarketWatch
News via CNN Money

We’re still trying to figure out our opinion of this. On one hand, we regularly enjoy Stanley innovation. What will happen when Stanley’s engineers mix with Black & Decker’s, and how will all this affect each brands’ daughter companies such as Porter Cable, Dewalt, and all of the many others?

Related posts:

No related posts.

Sections: News More from: Black & Decker, Stanley

« Stanley SquidBrite Update
USS New York Arrives in NYC »

2 Comments

  1. uthscsaedu

    Nov 2, 2009

    wow this is huge. I’m guessing Danaher Corp is still bigger.

    Is Ridgid also part of the B&D family?

    Reply
  2. Stuart

    Nov 2, 2009

    Ridgid is not part of the B&D family.

    Danaher is quite a significantly larger company, but they also have a considerable focus devoted to non-consumer products and services, so direct comparison is not entirely fair.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • YouTube

Newsletter

Sign up to receive the latest tool news.

Recent Comments

  • Bonnie on The Maker Knife 2 just Launched: “This reads like a parody of the EDC community.”
  • Stuart on I Need to Vent About My Precision Matthews Mill: “Bought a Wilton clamp-on vise, and the swivel feature never worked due to a large casting defect. I never got…”
  • Jason on The Maker Knife 2 just Launched: “Welcome to crowdfunding. I ordered a smart deadbolt over 10 years ago, and by the time it shipped 3 years…”
  • Bonnie on I Need to Vent About My Precision Matthews Mill: “That has *not* been my experience, and I’m glad. If I had to regularly do that much work on new…”
  • Stuart on The Maker Knife 2 just Launched: “Looks like the Gerber, but at more than 4X the price. https://www.amazon.com/Gerber-Prybrid-Pocket-Utility-31-003739/dp/B084CXY3DT/?tag=toolguyd-20”
  • EBT on The Maker Knife 2 just Launched: “AvE just pushed out a blade… more like an EDC Scalpel. https://aveworkshop.myshopify.com/products/ecd-scalpel His other knives … sold out. (they are…”
ToolGuyd New Tool Reviews Image

New Tool Reviews

Buying Guides

  • Best Cordless Drills
  • Best Euro Hand Tool Brands
  • Best Tool Brands
  • Best Cordless Power Tool Brands
  • Tools for New Parents
  • Ultimate Tool Gift & Upgrade Guide
ToolGuyd Knife Reviews Image

Knife Reviews

ToolGuyd Multi-Tool Reviews Image

Multi-Tool Reviews

ToolGuyd LED Flashlight and Worklight Reviews Image

LED Light Reviews

  • Home
  • About
  • Contact
  • Stores
  • Videos
  • AMZN Deal Finder
  • Privacy Policy
  • Terms of Use
  • Disclosure