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Stanley Black & Decker Inc Completes Previously Announced Acquisition Of Infastech


Wednesday, 27 Feb 2013 08:00am EST 

Stanley Black & Decker Inc announced that it has completed its acquisition of Infastech, a global manufacturer and distributor of specialty engineered fastening technologies headquartered in Hong Kong, from CVC Capital Partners and Standard Chartered Private Equity Limited for USD850 million in cash. This transaction was originally announced on July 23rd, 2012.Infastech is one of the world`s largest producers of engineered mechanical fasteners with revenues exceeding USD500 million and an industry heritage built around its lead brands Avdel, ELCO and iForm, dating back as far as 1922. 

Company Quote

85.89
-0.2 -0.23%
11 Jul 2014