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GreatStar Tools USA Acquires High-Performance Professional Hand Tools Brand, SK Professional Tools
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2021-11-03
GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional and industrial markets worldwide, announced today its acquisition of SK Professional Tools, a leading provider of high-quality hand tools for professionals across a variety of industries, most notably the automotive industry. As part of the acquisition, which officially took place on June 30, 2021, GreatStar plans to invest in SK Professional Tools product innovation and expand distribution, offering customers more opportunities to purchase these tools.
“GreatStar is thrilled to have the opportunity to reinvigorate another iconic American tool brand with the acquisition of SK Professional Tools, leveraging our unique position in the US hand tool market to bolster both product innovation and distribution,” said Gary DuBoff, Group President and CEO, GreatStar Tools USA. “For more than 100 years, SK Professional Tools has cultivated a loyal following that goes back for generations, and we’re committed to maintaining the same legendary quality and outstanding service that customers expect.”
Dedicated to maintaining US-based manufacturing, GreatStar will transition a large portion of SK Professional Tools product line to its manufacturing center in Williamsport, PA, in 2022. The facility currently produces heavy-duty wet/dry vacuums for category leader Shop-Vac, which was acquired by GreatStar in December 2020.
GreatStar adds SK Professional Tools to its growing portfolio of US tool brands including Pony Jorgensen woodworking clamps; Goldblatt concrete, masonry and tile tools; Arrow Fastener stapling tools, glue guns and rivet tools; Prime-Line Products window and security hardware; and Shop-Vac wet/dry vacuum cleaners.
GreatStar Tools USA
high performance hand tools
SK Professional Tools
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