Essential reading for retailers and suppliers in the home improvement market

Stanley sells to Bosch

Published: 13 June 2008
Stanley announced this week that it had agreed to sell its laser levelling and measuring business to Bosch for a consideration of $205m.
The deal will see the CST/berger business, which has revenues of around $80m, transfer to Bosch's control over the next few months.

The division operates primarily in the North American construction-related markets and its sale represents part of a repositioning for parent company Stanley Works said ceo John Lundgren:

"These transactions are important steps toward advancing our growth strategy and repositioning the company to be less dependent on construction and DIY markets."

Comments


(Your email address will not be published)
3 + 9 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories