Stanley Black & Decker, Inc. (SWK) - NYSE
  • Apr. 8, 2013, 5:24 PM

    Spectrum Brands (SPB) completes its acquisition of the residential lockset business of Tong Lung Metal, part of its $1.4B purchase of the Hardware & Home Improvement Group from Stanley Black & Decker (SWK) in December of last year. The commercial lockset business of Tong Lung will remain with SWK.

    | Apr. 8, 2013, 5:24 PM
  • Feb. 27, 2013, 9:57 AM

    Stanley Black & Decker (SWK +1.1%) completes its $850M acquisition of Hong Kong based Infastech from CVC and Standard Chartered. Infastech is one of the largest Asia-based manufacturers of mechanical fasteners and the deal will help SWK increase its revenues from emerging markets to 16% of total sales. SWK also expects the acquisition to add $0.20 to its adjusted EPS in 2013 and $0.40 in 2015. (PR)

    | Feb. 27, 2013, 9:57 AM
  • Sep. 21, 2012, 1:44 PM

    Spectrum Brands (SPB -2.1%) is apparently in final talks to buy a unit that makes door locks and bath fixtures from Stanley Black & Decker (SWK +2.3%), edging out Apollo Global, who was also competing for the business. SWK put its hardware and home-improvement business on the auction block earlier this year, and the deal could fetch around $1.5B. The win would be a big one for SPB whose current market value is only $2.1B.

    | Sep. 21, 2012, 1:44 PM
  • Jul. 23, 2012, 5:14 PM

    Stanley Black & Decker (SWK) is spending $850M to acquire Infastech, a Hong Kong-based maker of engineered mechanical fasteners, from its P-E owners. Infastech has annual revenues of ~$500M, and generates 40% of its sales from Asia-Pac. SWK expects the all-cash deal to be accretive by $0.15/share in year 1, and $0.35/share in year 3. The acquisition is expected to close in Q4. (PR)

    | Jul. 23, 2012, 5:14 PM
  • May 30, 2012, 8:25 AM

    Black & Decker (SWK -0.2%) is among the prospective suitors for Singapore-based Infastech, a provider of industrial fasteners that generates sales of over $500M, Reuters reports. Infastech was bought by CVC and Standard Chartered's (SCBFF.PK) P-E arm in 2010 for $350M-$400M. First-round bids are due today.

    | May 30, 2012, 8:25 AM
  • Jun. 27, 2011, 7:53 AM

    Stanley Black & Decker (SWK) offers $1.2B, including debt, to buy Swedish security and surveillance company Niscayah (NSYHF.PK). The independent committee of Niscayah's board recommends the proposal, which tops an $876M bid from Securitas (SCTBF.PK), Niscayah's former parent.

    | Jun. 27, 2011, 7:53 AM
Company Description
Stanley Black & Decker, Inc. Provides power and hand tools, products and services for various industrial applications, mechanical access solutions and electronic security and monitoring systems. It also manufactures and markets industrial tools and security solutions. It's operates through three... More
Industry: Machine Tools & Accessories
Country: United States