Splinter Puller
Member
Registered: 09/17/03
Posts: 11910
Loc: Sioux Falls, SD
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Stanley tool works has aquired Black and Decker.
http://bloomberg.com/apps/news?pid=20601087&sid=a7gI2fsW8BgU&pos=1
Wonder if they will split up the brands B&D owns?
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barnowl
Honored Veteran
Registered: 03/25/07
Posts: 21242
Loc: Massachusetts
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Wow..I thought Stanley was hurting.
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daveferg
member
Registered: 02/19/02
Posts: 28249
Loc: Cloverdale, CA, USA
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barnowl said:
Wow..I thought Stanley was hurting.
Hurting---I thought they were hanging on by a cobweb! They have very low rates of distribution of their products. There must be some other divisions going strong. I haven't seen their hardware lines around for a long time.
This will be interesting. Just as B&D finishes up acquiring a huge market share by virtue of what they've bought. Let's just hope we don't loose any in the mix.
-------------------- Dave
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meackerman
Moving Up Joe's List
Registered: 02/06/02
Posts: 18870
Loc: Northern CA
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guess it depends on where you shop. HD, Lowes Ace, OSH, Target all carry Stanley, heck even Walmart has some Stanley products. I doubt any of them carry every thing Stanley makes but that's true of any manufacturer.
-------------------- www.meackerman.com
Reality is that which, when you stop believing in it, doesn't go away. - Philip K. Dick
Mark
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arw01
Member
Registered: 07/28/06
Posts: 3624
Loc: PNW
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The pundits were saying Stanley had low debt.
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Lance H
Walnut nut
Registered: 07/29/02
Posts: 5296
Loc: Talala, OK
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With what Stanley did with/for Mac, I'm not hopeful.
-------------------- Lance
creator of fine quality walnut firewood
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daveferg
member
Registered: 02/19/02
Posts: 28249
Loc: Cloverdale, CA, USA
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Mark---I'm sure it does. Just seems to me they used to dominate the market more than they do today. Anyway---it will be interesting to see what transpires.
-------------------- Dave
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Splinter Puller
Member
Registered: 09/17/03
Posts: 11910
Loc: Sioux Falls, SD
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Looks like Stanley has been aquiring companies for years. Last ten years or so its been mostly security equipment companies.
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DirectCedar
Member
Registered: 03/31/03
Posts: 1790
Loc: Wild Rose Country, Alberta
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Stanley has had a huge hardware presence in all the hardware store aisles I've been down in Edmonton for the past several years.
They've also had a (re?)emergence in the mechanics' tools market in the past couple years (at least here). I bought a socket set a while back and I am impressed with it.
I didn't know they had acquired Mac. I would assume that has something to do with their appearance in the mechanics' tools market?
If this keeps up, in a few years there will be one supplier of tools and hardware for the whole bloody world.
-------------------- -DC
"I have morons on my team."
-Megatron, 1986
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meackerman
Moving Up Joe's List
Registered: 02/06/02
Posts: 18870
Loc: Northern CA
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you think they'll buy festool?
-------------------- www.meackerman.com
Reality is that which, when you stop believing in it, doesn't go away. - Philip K. Dick
Mark
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