# C.H. Reed sells Assembly Tool Division to Rhino Assembly

C.H. Reed, Inc. signed a definitive agreement to sell its Tool and Assembly division to Rhino Assembly Company, an assembly tool solutions provider based in Charlotte, NC. The sale allows C.H. Reed to focus on its Compressed Air Group and Finishing and Fluid Handling Technologies.

- Type: Acquisition
- Announced: 2018-08-17
- Where: Hanover, Pennsylvania, United States
- Status: announced
- Products: assembly tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [C.H. Reed](https://endata.com/companies/18952.md) (target)
- [Rhino Assembly Company](https://endata.com/companies/18953.md) (acquirer)

## Sources

- [chreed.com](https://www.chreed.com/c-h-reed-inc-announces-sale-of-assembly-tool-division/), 2018-08-17: "Today, C.H. Reed, Inc. is excited to announce the signing of a definitive agreement to sell C.H. Reed’s Tool and Assembly division to Rhino Assembly Company"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.