Stanley buy Black & Decker

[R5GTT]

For those who are interested, Stanley purchased the Black & Decker group this week for $4.6 Billion!

Went through on Tuesday, and the word is that all the B&D and Dewalt products will be re-named as "Stanley Black & Decker" and "Stanley Dewalt" in the same way as they renamed Bostich as Stanley Bostich.

Unfortunately word is that up to 10% of the workforce will be laid off when they merge manufacturing & sales locations.

 

[gregers]

so thats dewalt fubared then,no doubt they will source the parts even cheaper and like skil will be seen a lot more in the sheds and the professanols will leave them there.

 

[muggles]

Hopefully Stanley will drag DeWalt up rather than DeWalt dragging Stanley down. Still wouldn't buy DeWalt though, pile of cr@p, never ever going back to them again

 

[RF Lighting]

Yep.

DeWalt are rubbish these days