Ladder leader Werner Co. acquires Knaack
Greenville, Pa.-based Werner Co. acquired Knaack LLC, a unit of Emerson’s Commercial & Residential Solutions business.
The acquisition brings to ladder manufacturer Werner the Knaack and Weather Guard brands, which the new owners say will compliment and expand Werner’s product offering in the professional channel.
Based in Crystal Lake, Ill., Knaack is a manufacturer of jobsite storage equipment, including storage chests, workstations, rolling workbenches and hand tool boxes. The Company also markets a complete line of Weather Guard truck and van equipment, including drawer units, shelving and cabinets, and racks for full size and compact pickups and vans.
“The union of Werner and Knaack creates a product portfolio that will allow us to leverage the broader company networks in manufacturing, distribution, sales and marketing to strengthen our position in the industrial/construction segment,” said William T. Allen, president and CEO at Werner Co. “This strategic acquisition will diversify our business, build on our existing global infrastructure and continue to create value to grow our company for our key stakeholders and employees throughout the world.”
“The professional channel has always been the foundation of the Werner organization,” said Ed Gericke, executive VP of sales and marketing at Werner.