Home » Tag Archives: manufacturer

Tag Archives: manufacturer

Sherwin-Williams’ Valspar Acquisition Approved

Sherwin-Williams

Last Friday, federal regulators approved Sherwin-Williams’ acquisition of Valspar Corp. as both companies agreed to sell Valspar’s North American Industrial Wood Coatings Business, reports Reuters. Valspar sold its coatings business, which manufactures stains, sealants and other coatings products, to Axalta in ... Read More »

Ace Hardware’s Frank Carroll Departing to Lead Manufacturer

board member

Frank Carroll, vice president of merchandising for Ace Hardware Corp., is leaving the cooperative to become CEO of manufacturer Broan-NuTone. Carroll has worked for Ace since 2013, when he joined the company in the position of general merchandise manager. Carroll’s ... Read More »

Delay Likely for Sherwin-Williams’ Purchase of Valspar

Valspar

The Sherwin-Williams Co. announced this week that its deal to buy The Valspar Corp. likely won’t close as soon as planned. When the two U.S. paint companies publicized the purchase agreement in March 2016, they expected the $11.3 billion deal to go ... Read More »

Stanley Finalizes Purchase of Craftsman Brand From Sears

Craftsman brand

Stanley Black & Decker announced it has completed its purchase of the Craftsman brand from Sears Holdings Corp. for approximately $900 million. The acquisition, which was first announced in January, gives “Stanley Black & Decker the right to develop, manufacture and sell ... Read More »

Amazon’s Voice-Activation System Becoming Standard in Appliances

smart appliances

Smart appliances with built-in voice activation are becoming standard for many manufacturers. At the 2017 Consumer Electronics Show, held this month in Las Vegas, Amazon’s Alexa was the voice-activation system of choice, according to CNET. Whirlpool voice-integration with Alexa will become standard ... Read More »

Stanley Buying Craftsman Tool Business in $900M Deal

Craftsman brand

Stanley Black & Decker is buying Sears’ iconic Craftsman tool brand in a deal valued at about $900 million. With the acquisition, which the manufacturer announced Thursday, Stanley will own the rights to develop, make and sell Craftsman products. The deal is expected to close this year. ... Read More »

Stanley to Sell Mechanical Security Business in $725M Deal

Stanley Black & Decker

Stanley Black & Decker has entered into an agreement to sell most of its commercial mechanical security business, according to the company. Swiss company Dormakaba will purchase Stanley’s commercial mechanical security brands Best Access, phi Precision and GMT for $725 million ... Read More »

NRHA State of Independents Conference Unites Industry

State of Independents Conference

Retailers, distributors and manufacturers who attended the North American Retail Hardware Association’s (NRHA) second annual State of Independents Conference now have a detailed understanding of the performance and direction of the independent home improvement industry. The one-day conference, sponsored by ... Read More »