Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime

Cooper and Danaher to sell Apex Tool Group to Bain Capital

Oct. 10, 2012
Cooper Industries and Danaher Corporation announced today that they have signed a definitive agreement to sell Apex Tool Group to Bain Capital for approximately $1.6 billion subject to post-closing adjustments. Currently, Cooper and Danaher each ...

Cooper Industries and Danaher Corporation announced today that they have signed a definitive agreement to sell Apex Tool Group to Bain Capital for approximately $1.6 billion subject to post-closing adjustments. Currently, Cooper and Danaher each maintain a 50% joint venture ownership interest in Apex. Apex markets tools for the construction market under several dozen brands such as Crescent, Jobox Lufkin and Weller.

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