Snap-on acquires Sturtevant Richmont
Torque wrench manufacturer joins Snap-on family of companies.
Snap-on Incorporated announced that it has acquired Sturtevant Richmont for approximately $13 million in cash.
Based in Carol Stream, Illinois, Sturtevant Richmont, with annual sales of approximately $10 million, designs, manufactures and distributes mechanical and electronic torque wrenches as well as wireless torque error proofing systems for a variety of industrial applications.
The acquisition of Sturtevant Richmont, which will be part of the company’s Commercial & Industrial Group, enhances and expands Snap-on’s capabilities in providing solutions that address torque requirements, which are increasingly essential to critical mechanical performance.
Learn more at www.snaponindustrialbrands.com
CONTRACTOR SUPPLY MAGAZINE
The December 2024/January 2025 of Contractor Supply magazine is here!
Our cover story, A Diamond on the Rough, visits the family-owned Esch Construction Supply. Based in St. Paul, Minnesota, the company sells and services anything that will cut, grind, drill or polish concrete.
Also in this issue are a 2024 STAFDA show report and Industry Updates on Abrasives Discs and Wheels; Grinders and Sanders; Cold Weather PPE and Heaters; Jobsite Lighting and Ladders, Lifts and Scaffolds.
This digital edition, sponsored by BECK AMERICA Inc., is fully searchable and contains live links to every advertiser and new product listing. Click away!
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