Tool News

Eurotools has merged with Bahco. The result will be a larger and more unwieldy organization that will excel at getting its ass kicked by KS Tools even better than either company could individually. Merging a Northern European saw manufacturer with a Spanish wrench manufacturer, while keeping all five or however many brands the two groups sell under. Such an idea could only be spawned by a bunch of MBA's. Or consultants. I wonder if they are looking to reap merger synergy? I do hope they develop and implement an effective transition methodology, otherwise they will not have successful team alignment.


Also, Stanley is buying Facom. Good move on Stanley's part, and I'm not just saying that because last year I told reps from The StanleyWorks to buy Facom. No, wait a minute, that's exactly why I'm saying that. Now a word of warning for Stanley: You can't tell Facom anything about the tool business. They are Facom, and they are the most reputable brand in Europe, and 80 years experience and blah blah blah, and so on. And they won't listen to you, and they will keep doing things their way. Stubborn, stubborn French engineers. Good quality stuff though.