Exploring the Ownership of Power Tool Manufacturers: Who Really Controls the Industry?

Exploring the Ownership of Power Tool Manufacturers: Who Really Controls the Industry?

Maintaining a beautifully landscaped garden is no easy feat, but it’s made easier with the help of power tools. From leaf blowers to hedge trimmers, garden power tools are essential for keeping your backyard in top shape. But have you ever wondered who really controls the industry behind these powerful machines?

In this article, we’ll be exploring the ownership of garden power tool manufacturers, revealing the hidden players and corporations that hold the keys to this booming industry. Get ready to uncover the truth and discover who really controls the tools you rely on for a perfectly manicured lawn or a pile of freshly cut firewood.

It is a common practice for global companies to own multiple brands and have shares in other companies, some of which may have generic or unfamiliar names. These companies operate across various industries, including garden, forestry, consumer goods, and more.

Despite the dominance of American corporations in the global market, it is noteworthy that only one of these companies is American, two are European, one is Japanese, and the rest are Chinese. All are manufactured globally.

There is nothing inherently problematic with this reality, as companies often manufacture their products where it is most cost-effective to do so. However, this has led to a situation where only a few key players dominate the market. While this may have its benefits, it can also limit competition and stifle innovation. As consumers, it is important to be aware of the global nature of the companies behind the products we use and the impact that our purchasing decisions can have on the market.

Exploring the Ownership of Power Tool Manufacturers: Who Really Controls the Industry?

Stanley Black + Decker: The Parent Company Behind Brands Craftsman and DeWalt

Stanley Black & Decker is a well-known name in the tool industry, and for good reason. The company, which was founded in 1843, has grown into a global leader in the manufacturing of power tools, hand tools, and hardware. But did you know that two of the most popular tool brands, Craftsman and DeWalt, are owned by Stanley Black & Decker?

Craftsman, which was established in 1927, has become a household name for its durable and reliable hand tools, power tools, and lawn and garden equipment. In 2017, the brand was acquired by Stanley Black & Decker, allowing the company to expand its product line and reach a wider audience.

DeWalt, on the other hand, has been a leading manufacturer of power tools since its founding in 1924. The brand is known for its high-quality drills, saws, and other power tools used by professionals and DIY enthusiasts alike. Stanley Black & Decker acquired DeWalt in 1960, and has since continued to innovate and improve the brand’s offerings.

With the acquisition of these two iconic brands, Stanley Black & Decker has solidified its position as a major player in the tool industry.

BrandProducts
StanleyHand tools, power tools, and tool storage
Black + DeckerPower tools, outdoor equipment, and home appliances
DeWaltGarden and other power tools
CraftsmanHand tools, power tools, and outdoor equipment
Porter-CablePower tools and accessories
BostitchNailers, staplers, and fasteners
MAC ToolsProfessional automotive tools
VidmarIndustrial storage and workspace solutions
ListaWorkspace solutions and cabinets
FacomHand tools for professionals
Irwin ToolsHand tools and power tool accessories
LenoxCutting tools and accessories
WaterlooTool storage and workbenches
SONIC ToolsTool storage and hand tools for professionals
Stanley Black + Decker

Milwaukee Tools is Owned by Techtronic Industries Co Ltd (TTI)

Milwaukee Tools was founded in 1924 in Milwaukee, Wisconsin, by A.H. Petersen. The company started out by manufacturing a lightweight, one-handed drill that quickly became popular among electricians and other professionals. Over the years, the company expanded its product line to include a wide range of power tools, hand tools, and accessories.

In 2005, Milwaukee Tools was acquired by Techtronic Industries Co Ltd (TTI), a Hong Kong-based company that specializes in the manufacturing and distribution of power tools and outdoor products. TTI is a global leader in the power tool industry, with a portfolio of brands that includes Milwaukee Tools, Ryobi, Hoover, and Dirt Devil, among others.

BrandProducts
MilwaukeeProfessional power tools and accessories
RyobiPower tools and outdoor equipment for DIY users
AEGProfessional power tools and accessories
HooverHome cleaning appliances
OreckVacuum cleaners
Dirt DevilHome cleaning appliances
VaxFloorcare products
HartPower tools and hand tools for DIY users
EmpireLayout and measuring tools
Stiletto ToolsTitanium hand tools for professionals
Techtronic Industries Co Ltd

Chervon Holdings Limited

SKIL was originally founded in 1924 in the United States by Edmond Michel and Joseph Sullivan. The company quickly gained popularity with the introduction of the first electric handheld saw, which revolutionized the way woodworkers cut materials. Over the years, SKIL expanded its product line to include a wide range of power tools.

In 1996, the German company Robert Bosch GmbH acquired SKIL, making it a subsidiary of Bosch Power Tools. However, in 2016, Chervon Holdings Limited, a China-based company, acquired the SKIL brand and its assets from Bosch.

BrandProducts
EGOBattery-powered outdoor power equipment
SkilPower tools and accessories for DIY users
SkilsawProfessional-grade power saws
FlexHigh-end professional power tools
HammerheadHandheld tools and automotive accessories
Dirt DevilHome cleaning appliances
Kobalt 24VODM for Lowe’s
VaxFloorcare products
Chervon Holdings Limited

Bosch Own Several Power Tool Companies

Bosch, a German engineering and technology company, is one of the world’s leading manufacturers of power tools. The company has a wide range of power tool brands under its umbrella, catering to different customer needs and markets.

BrandProducts
BoschCorded and cordless power tools
DremelRotary tools and accessories
RotoZipSpiral saws and accessories
FreudCutting tools and accessories
Bosch

Brands Owned By Husqvarna Group

Husqvarna Group is a Swedish company that produces outdoor power products, including chainsaws, trimmers, lawn mowers, and other garden tools. The company also owns several well-known brands in the outdoor power equipment industry.

BrandProducts
HusqvarnaChainsaws, robotic mowers, garden tools
GardenaGarden tools, watering systems
Poulan ProChainsaws, trimmers, lawn mowers
McCullochChainsaws, trimmers
FlymoLawn mowers, garden tools
Weed EaterString trimmers
ZenoahEngines for outdoor power equipment and garden tools
JonsoredChainsaws and other garden tools
Husqvarna Group

Yamabiko

Yamabiko Corporation is a Japanese manufacturing company that specializes in outdoor power equipment and tools. The company was founded in 2008 as a result of a merger between two other companies, Kioritz Corporation and Shindaiwa Corporation. Today, Yamabiko owns several well-known brands, including ECHO, Shindaiwa, and Bear Cat.

ECHO is one of the most popular brands owned by Yamabiko. The brand offers a wide range of outdoor power equipment, including chainsaws, trimmers, blowers, and edgers. ECHO is known for its high-quality products that are designed for professional landscapers and homeowners alike.

Shindaiwa is another brand owned by Yamabiko that specializes in outdoor power equipment. The brand offers a range of products, including trimmers, blowers, hedge trimmers, and chainsaws. Like ECHO, Shindaiwa products are known for their durability and reliability.

Bear Cat is a brand owned by Yamabiko that specializes in outdoor equipment designed for property owners and contractors. The brand offers a range of products, including chipper shredders, wheeled trimmers, and debris loaders. Bear Cat is known for its high-quality products that are designed to make yard work easier and more efficient.

BrandProducts
ECHOChainsaws, trimmers, blowers, edgers
ShindaiwaTrimmers, blowers, hedge trimmers, chainsaws
Bear CatChipper shredders, wheeled trimmers, debris loaders
Yamabiko

KKR (Kohlberg Kravis Roberts & Co. L.P.)

KKR manages private equity, energy, infrastructure, real estate, and more. In 2017 KKR acquired Hitachi Koki. Previously, Hitachi had purchased Metabo. Now, KKR owns Hikoki, which is a power tool brand that was formerly known as Hitachi Power Tools.

Product CategoryProducts
Power ToolsDrills, impact drivers, saws, grinders, rotary hammers, sanders, planers, polishers, shears, nibblers, heat guns, vacuums
Cordless ToolsBattery-powered drills, impact drivers, saws, grinders, rotary hammers, sanders, planers
Outdoor PowerLeaf blowers, chainsaws, hedge trimmers, string trimmers
AccessoriesBlades, bits, sandpaper, batteries, chargers, cases
KKR

Sunrise Global Marketing

Sunrise Global Marketing manufactures Greenworks and Greenworks Pro tools.

Greenworks and Greenworks Pro are two power tool brands owned by Globe Tools Group, a Chinese company.

BrandProduct CategoryProducts
GreenworksCordless Power ToolsDrills, impact drivers, saws, trimmers, blowers, chainsaws, hedge trimmers, mowers, pressure washers
Corded Power ToolsDrills, saws, sanders
Outdoor Power EquipmentString trimmers, blowers, chainsaws, hedge trimmers, mowers, pressure washers
Accessories and BatteriesBatteries, chargers, replacement parts
Greenworks ProCordless Power ToolsDrills, impact drivers, saws, trimmers, blowers, chainsaws, hedge trimmers, mowers, pressure washers
Corded Power ToolsDrills, saws, sanders
Outdoor Power EquipmentString trimmers, blowers, chainsaws, hedge trimmers, mowers, pressure washers
Accessories and BatteriesBatteries, chargers, replacement parts
Sunrise Global Marketing

Positec Group

Positec started in 1994 as an OEM manufacturer. They now own the Rockwell and WORX brands.

Positec Group is a Chinese manufacturing and distribution company that specializes in power tools and related products. The company was founded in 1994 and has grown significantly in the years since its inception. Today, Positec Group owns several well-known power tool brands, including WORX, Rockwell Tools, Landroid, and WX523L.2.

WORX is one of the most popular brands owned by Positec Group. The brand offers a wide range of cordless and corded power tools, outdoor power equipment, and accessories. Some of the most popular products from WORX include battery-powered trimmers, blowers, and mowers.

Rockwell Tools is another brand owned by Positec Group. The brand offers a variety of power tools and outdoor power equipment, including string trimmers, blowers, and chainsaws. In addition to power tools, Rockwell Tools also offers a range of accessories and replacement parts.

Landroid is a newer brand owned by Positec Group that focuses on robotic lawn mowers. These mowers are designed to be self-sufficient and can be programmed to automatically cut grass on a regular basis.

BrandProduct CategoryProducts
WORXCordless Power ToolsDrills, saws, sanders, grinders, trimmers, blowers, mowers, pressure washers
Corded Power ToolsSaws, sanders, polishers
Outdoor Power EquipmentString trimmers, blowers, chainsaws, hedge trimmers, mowers
Accessories and BatteriesBatteries, chargers, replacement parts
Rockwell ToolsPower ToolsDrills, saws, sanders, polishers, rotary tools, grinders, planers
Outdoor Power EquipmentString trimmers, blowers, chainsaws, hedge trimmers, mowers
Accessories and BatteriesBatteries, chargers, replacement parts
LandroidRobotic Lawn MowersRobotic lawn mowers with varying features and specifications
Positec Group

Who Really Controls the Industry?

Conclusion

The ownership of power tool manufacturers is complex, with many companies and brands operating under the umbrella of large corporations. Stanley Black & Decker, Techtronic Industries Co Ltd, Chervon Holdings Limited, Bosch, Husqvarna Group, Yamabiko, KKR, Sunrise Global Marketing, and Positec Group are some of the prominent players in the industry. The article has shed light on the ownership of popular power tool brands like Craftsman, DeWalt, and Milwaukee Tools, and the history behind them. With this knowledge, consumers can make informed choices when purchasing power tools and understand the corporate landscape of the industry.

One comment

  1. Martin

    Great

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