Content about Apex Tool Group

April 19, 2013
Lufkin announces availability of Control Series tapes

Lufkin, a premium tool brand from Apex Tool Group, announced that its new Lufkin Control Series tapes are now available for purchase at Home Depot stores nationwide.

Lufkin, a premium tool brand from Apex Tool Group, announced that its new Lufkin Control Series tapes are now available for purchase at Home Depot stores nationwide. 

Watch the video here. 

October 10, 2012
Bain to buy Apex Tools from Cooper and Danahar

Sparks, Md.-based Apex Tool Group, the maker of Craftsman hand tools, Lufkin tape rules and Crescent wrenches, among other products, is being sold to Bain Capital Partners. 

The deal is valued at about $1.6 billion, slightly more than Apex’s $1.5 billion in annual revenue. 

Apex is owned equally by Danaher and Cooper, two manufacturers that combined their tool businesses in July 2010 with the formation of Apex. 

September 28, 2012
Apex Tool in talks with Bain Capital

Apex Tool Group, the makers of Crescent wrenches, Lufkin measuring tapes and some Craftsman brand hand tools, is in final negotiations with Bain Capital, according to a report by Reuters and other media outlets. The private equity firm that was co-founded by U.S. presidential candidate Mitt Romney has reportedly offered more than $1.5 billion for Apex, which is a joint venture between Danaher Corp. and Cooper Industries.

December 2, 2011
Wiss introduces Auto-Retracting Utility Knife

Wiss, a Sparks, Md.-based Apex Tool Group brand, has unveiled its Auto-Retracting Utility Knife, which automatically retracts its blade once it loses contact with the material being cut. This safety feature works even if the blade slider is in the open position.