Corporate Group Specializing in Middle Market Transactions Advises North America’s Leading Fastening System Supplier on Acquisition Process
NEW YORK, Jun 18, 2012 (BUSINESS WIRE) — Herrick, Feinstein LLP is proud to have represented Powers Fasteners in its successful sale to Stanley Black & Decker Inc. SWK -0.84% . Powers, founded in 1921 and based in Brewster, NY, is North America’s leading supplier of concrete and masonry anchors and fastening systems.
Powers will be a key brand within the Stanley Black & Decker Construction Do-It-Yourself (CBD CDIY) division’s Professional Power Tools Group, working to diversify and complement its portfolio of products with SBD CDIY power tools, hand tools and accessories resulting in world-class, comprehensive solutions for the commercial construction market. Powers will maintain its headquarters in Brewster. (…)
