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Apex Tool Group
Company typeLimited Liability Company
IndustryManufacturing
Founded2010; 14 years ago (2010)
HeadquartersSparks, Maryland, U.S.
ProductsHand tools and power tools
Revenue$1.6B
OwnerBain Capital
Number of employees
8,000
Websitewww.apextoolgroup.com

Apex Tool Group is an American supplier of hand tools and power tools. It was formed as a joint venture of Cooper Industries and Danaher by the merger of Cooper Tools and Danaher's Tools and Components segment. In October 2012, Danaher and Cooper sold Apex to Bain Capital for about $1.6 billion.[1][2] Apex is headquartered in Sparks, Maryland, and has over 20 factories globally including the United States, Canada, Mexico, Germany, China, and South America.

Hand tool brands

For Hand Tool portfolio, since 2018, Company has decided to focus 3 major brands such as Crescent, Gearwrench and SATA globally.

Power tool brands

The Apex Tool Group Power Tool Division is headquartered in Lexington, South Carolina. It is made up of the following brands:[5]

References

  1. ^ Devin Banerjee (October 10, 2012). "Bain Capital Buys Apex Tool Group for $1.6 Billion". Bloomberg.com. Retrieved April 21, 2015.
  2. ^ "Danaher And Cooper Industries Sell Apex Tool Group To Bain Capital". Industrial Distribution. October 11, 2012. Retrieved December 25, 2023.
  3. ^ Indianapolis Recorder (January 4, 2010). "Cooper Tools Receives Do it Best "Member's Choice" Award". Retrieved January 16, 2010.
  4. ^ "Popular Mechanics Recognizes Cooper Hand Tools for Innovative Wrench Design". thefreelibrary.com. October 17, 2006. Retrieved January 16, 2010.
  5. ^ Cooper Power Tools. "Information About Our Company". Archived from the original on January 4, 2010. Retrieved January 16, 2010.