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Article: Newell Rubbermaid Strengthens Power Tool Accessories and Hand Tools Businesses With Acquisition of American Saw.
- Article from:
- PR Newswire
- Article date:
- November 22, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Lenox(R) Brand Recognized Leader in Linear Edge Power Tool
Accessories, Hand Tools and Band Saw Blades
-- Positions Company as Important Player in $12 Billion Global Power Tool
Accessories and Hand Tools Market
-- Deal Expected to be $0.04 Accretive to EPS in First Year
-- FREEPORT, Ill., Nov. 22 /PRNewswire-FirstCall/ -- Newell Rubbermaid Inc. today announced it has reached a definitive agreement to acquire American Saw & Mfg. Company, a leading manufacturer of power tool accessories and hand tools marketed under the Lenox(R) brand, for $450 million in cash. The deal is subject to regulatory and other customary approvals and is expected ...