TTI To Buy Milwaukee Tool

Looking to boost its presence in the U.S. and European electric tool markets, Hong Kong’s Techtronic Industries Co. Ltd. (TTI) announced plans to buy the electric power tool and accessories business of Sweden’s Atlas Copco AB.

The transaction, which is subject to regulatory clearances and customary closing conditions, is expected to close prior to the end of 2004.

Atlas Copco’s electrical tools group includes Milwaukee Electric Tool Corp., a Brookfield, Wis.-based maker of dri

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish