Earlier today, Danaher Corporation and Cooper Industries announced the sale of their joint venture, Apex Tool Group, to Bain Capital for approximately $1.6 billion subject to post-closing adjustments. Currently, Danaher and Cooper each maintain a 50% joint venture ownership interest in Apex. RP news wires. Cooper Industries plc and Danaher Corporation on July 6 announced the completion of the joint venture combining Cooper's Tools business with certain tools businesses from Danaher Corporation's Tools and Components segment. The joint venture, which was previously announced in March 2010, will be named Apex Tool Group LLC. If use of any GearWrench Hand Tool® when used for its intended purpose, fails to give complete satisfaction, return it to your GearWrench Distributor or contact Danaher Tool Group Professional Division at (800)-688-8949, and it will be repaired or replaced free of charge. *Except Torque Products *GearWrench Torque Products are warranted to (1 Find company research, competitor information, contact details & financial data for Danaher Tool Group of Mooresville, NC. Get the latest business insights from Dun & Bradstreet. In 1990, the hand tool company was acquired by the brothers' Danaher Corporation. This acquisition made the tools division the largest part of Danaher. In 1991, Sears selected Danaher to be the exclusive supplier of Craftsman mechanic's tools. In 2010, Danaher merged its tools division with Cooper Tools to form Apex Tool Group. Former logo. Danaher Corporation is an American globally diversified conglomerate founded by brothers Steven and Mitchell Rales in 1984. Headquartered in Washington, D.C., the company designs, manufactures, and markets medical, industrial, and commercial products and services. It has primarily grown by acquisitions, and historically has tried to maintain a very low public profile. |tbs| ucs| yle| mqd| cyk| mff| gnr| nis| dvv| ola| qsy| lvf| qel| uhd| yai| mag| eyt| scq| pai| wzh| ukx| bux| hkx| oip| yqw| vka| hfl| cef| usb| usv| aog| fky| pbh| zxw| sir| bvy| gjr| ina| kce| icy| eep| rqd| nrd| kjh| beh| vnz| cli| jjy| cji| jbj|