# Emerson to acquire Textron's Tools and Test Equipment business for $810M

Emerson announced it has signed an agreement to purchase the Tools and Test Equipment business of Textron for $810 million. The business includes brands Greenlee and Klauke and will be joined with Emerson's Ridge Tool Company.

- Type: Acquisition
- Announced: 2018-04-19
- Where: United States
- Value: $810.0M
- Status: announced
- Products: electrical and utility tools, diagnostics, test and measurement instruments
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Emerson](https://endata.com/companies/355.md) (acquirer)
- [Aventics](https://endata.com/companies/3277.md) (target)
- [Textron](https://endata.com/companies/20075.md) (target)

## Sources

- [chemengonline.com](https://www.chemengonline.com/emerson-to-acquire-textrons-tools-and-test-equipment-business/), 2018-04-19: "Emerson announced that it has signed an agreement to purchase the Tools and Test Equipment (Tools & Test) business of Textron for $810 million."
- [refrigeratedfrozenfood.com](https://www.refrigeratedfrozenfood.com/articles/keyword/14575-packaging-equipment?page=25), 2018-06-04: "Emerson, St. Louis, Mo., announced plans to acquire Aventics, Lexington, Ky., from Triton Packaging, Miami, Fla."

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