Armor Tool Acquires Automatic Pliers and Clamp Product Lines
February 9, 2017
In a buyback agreement, Armor Tool has reacquired the rights to its patented Automatic Locking Pliers and C-Clamps, a line previously owned by Armor Tool before selling the rights to CH Hanson.
Armor Tool Partner Rob Poole noted the significance of this acquisition by stating, “This acquisition is a perfect fit with our portfolio of tools. Our strategy at Armor Tool is simple, provide innovation across a full range of tools. We will leverage the automatic tools and current customers to broaden distribution of our complimentary tools that also feature auto adjust clamping capability.”