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WEDNESDAY, NOVEMBER 25, 2009
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Stanley Adds $4.5B Tool to Its Belt: Black & Decker

Hand-tools giant merges with power-tools leader

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(Newser) – Two of America’s iconic tool companies are merging, with Stanley buying up Black & Decker in a deal worth $4.5 billion in stock. Stanley Black & Decker, as it will be known, combined complementary facets of the business: B &D is No. 1 in power tools and, the companies say, has little overlap with Stanley’s area of expertise, hand tools.

A Black & Decker power drill.
A Black & Decker power drill.   (Wikimedia Commons)
Stanley's logo.
Stanley's logo.   (StanleyTools.com)
A set of Stanley screwdrivers.
A set of Stanley screwdrivers.   (AP Photo)
A sample of the companies' products.
A sample of the companies' products.   (AP Photo (left); Wikimedia Commons (right))
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3 comments
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Netstorm2k9
Nov 2, 09 6:25 PM CST
They both make good tools. Lets hope that, as a result of this, we don't lose the quality of both. Reply
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yummines
Nov 2, 09 10:47 PM CST
oh, i thought it would be called Black & Stanley or something like that. when i read this Fedex Kinkos came to mind... Reply
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schmidtkoff
Nov 3, 09 10:59 AM CST
i love black & decker. hope the brand doesn't get ruined. love my black and decker cordless weedwacker. and other such in my domain. Reply
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