Posted November 17, 2016

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.

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