Apex Tool Group

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Apex Tool Group
Limited Liability Company
Industry Manufacturing
Founded 2010
Headquarters Sparks, Maryland, U.S.
Products Hand tools and power tools
Revenue $1.6B
Owner Bain Capital
Number of employees
8,000
Slogan Smart Productivity, Smarter Results
Website www.apextoolgroup.com

Apex Tool Group is a U.S.-based supplier of hand tools and power tools. It was formed as a joint venture of Cooper Industries and Danaher by the merger of Cooper Tools and Danaher's Tools and Components segment. In October 2012 Danaher and Cooper sold Apex to Bain Capital for about $1.6 billion.[1] Apex is headquartered in Sparks, Maryland, and has over 20 factories globally including the United States, Canada, Mexico, Germany, China, and South America.

Hand tool brands[edit]

Power tool brands[edit]

The Apex Tool Group Power Tool Division is headquartered in Lexington, South Carolina. It is made up of the following brands:[4]

  • Airetool – tube cleaners and expanders
  • Apex – production impact sockets, bits, and universal joints
  • Buckeye – material embossing
  • Cleco – assembly tools
  • Cooper Automation – automated fastening systems
  • DGD – automated systems
  • Doler – advanced drilling equipment
  • Dotco – material removal tools
  • Geta
  • Master Power – industrial air tools
  • Metronix – Servos, drivers, and speed controls
  • Quackenbush – advanced drilling equipment
  • Recoules – drilling tools
  • Rotor – assembly equipment
  • Utica – torque measurement and control tools

References[edit]

  1. ^ Devin Banerjee (October 10, 2012). "Bain Capital Buys Apex Tool Group for $1.6 Billion". Bloomberg.com. Retrieved April 21, 2015. 
  2. ^ Indianapolis Recorder (January 4, 2010). "Cooper Tools Receives Do it Best "Member's Choice" Award". Retrieved January 16, 2010. 
  3. ^ Business Wire (October 17, 2006). "Popular Mechanics Recognizes Cooper Hand Tools for Innovative Wrench Design". Retrieved January 16, 2010. 
  4. ^ Cooper Power Tools. "Information About Our Company". Archived from the original on January 4, 2010. Retrieved January 16, 2010. 

External links[edit]