Snap-on acquires Norbar Torque Tools for £55.9M

Snap-on Incorporated acquired Norbar Torque Tools Holdings Ltd, a UK-based manufacturer of torque equipment, for £55.9 million. Norbar has annual sales of about $41 million.

“Banbury-based Norbar Torque Tools Holdings Ltd ... has been acquired by New York Stock Exchange-listed Snap-on Incorporated for £55.9 million.”machinery-market.co.uk

• 1 source
• machinery-market.co.ukNorbar Torque Tools acquired - Machinery Market NewsJohn HunterMay 30, 2017

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