Emerson Completes Tools & Test Acquisition
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The deal joins the highly respected Greenlee and Klauke electrical products brands with Emerson’s RIDGID plumbing products brand, creating an unparalleled professional tools offering
ST. LOUIS, – Emerson (NYSE: EMR) announced it has completed the purchase of Tools & Test, a leading manufacturer of electrical and utility tools, diagnostics, and test and measurement instruments. Tools & Test will be combined with Emerson’s Ridge Tool business unit, forming a $1+ billion global professional tools business serving mechanical, electrical and plumbing contractors.
Tools & Test’s expertise in electrical joining and diagnostics complements Emerson’s RIDGID portfolio of technologies for mechanical and plumbing applications, creating the broadest professional tools and technologies portfolio serving the safety and efficiency needs of the professional trades.
Headquartered in Rockford, Ill., Tools & Test has 2,300 employees and 11 manufacturing locations globally.
Click here to view the original acquisition announcement and see also the accompanying presentation, or go to Emerson.com/financial.
