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Emerson to Acquire Greenlee and Klauke Tools and Test Equipment Business from Textron

$810 million purchase adds electrical specialty tools to Emerson’s Ridge Tool business

Emerson, St. Louis, signed an agreement to purchase the Tools and Test Equipment business from Textron for $810 million. Textron’s Tools & Test business manufactures electrical and utility tools, diagnostics, and test and measurement instruments including the Greenlee and Klauke brands. The acquisition, joined with Emerson’s Ridge Tool Company, creates a global $1 billion professional tools business serving mechanical, electrical and plumbing contractor markets.

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