Tuesday, July 19, 2005

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.

8 comments:

Red A said...

Ahem, next time a stock tip?

Karl said...

I'll give you a stock tip now: Go back in time to last Firday and buy all the Stanley stock you can get your hands on.

Red A said...

I can't hit firday, but pineday will do just as good.

Karl said...

Red A, you and I are very similar, except that I am tall. And funny.

Angus said...

I thought "Tool News" would be about a band I like. It wasn't. Waste of time for me....
Go litent Aenima a lot. It's good for you.

Angus said...

"listen to" - how'd that happen?

Karl said...

Listen to an enema? How is that supposed to be good for me?

Robin said...

It'll make you shorter ... and funnier.