Clarification re: Kyocera RYOBI acquisition
RYOBI's worldwide businss units will not be affected.
There have been various announcements and media reports regarding a transaction between Ryobi Ltd. of Japan (RL) and Kyocera Corporation (Kyocera) concerning Kyocera’s potential acquisition of RL’s power tool business ("the Transaction") and inaccuracies in such reports that have created confusion regarding TTI's RYOBI business. TTI is releasing this statement for the purpose of clarification.
The Transaction is not related to any of TTI’s RYOBI businesses worldwide, which will remain unaffected by the Transaction.
Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990, TTI is a world leader in power tools, outdoor power equipment, floor care appliances and accessories for the consumer, professional, and industrial users in the home, construction, maintenance, industrial and infrastructure industries. TTI is dedicated to accelerating the world’s transition to cordless battery labor saving products.
TTI's brand portfolio includes MILWAUKEE, AEG and RYOBI power tools, accessories and hand tools, RYOBI and HOMELITE outdoor products, EMPIRE layout and measuring products, and HOOVER, ORECK, VAX and DIRT DEVIL Floor Care and Appliances.
For more information, please visit www.ttigroup.com.
CONTRACTOR SUPPLY MAGAZINE
The October/November 2024 of Contractor Supply magazine is here!
Our cover story, A Rewarding Passion - Dale Hahs II, third-generation of Denver's AIS Industrial & Construction Supply, is STAFDA's incoming 2025 president.
A Special STAFDA section featuring a welcome address, an agenda, session previewss by presenters and much more. Also in this issue are our Industry Updates on: Lifting, Moving and Material Handling; Lasers, Levels and Measurement; Hand Tools; Cordless Power Tools; Drill Bits and Cutting Tools; and Toolboxes, Bags and Belts.
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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