SNA - Mergers and acquisitions

Further Expands Product Capabilities and End-Market Coverage of Torque Offerings to Critical Industries Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks, today announced that it acquired Mountz, Inc. ("Mountz") for approximately $40 million in cash on November 1, 2023. Based in San Jose, California, Mountz is a leading developer, manufacturer, and marketer of high-precision torque tools, including measurement, calibration, and documentation products. The acquisition of Mountz complements and expands Snap-on's torque offerings

KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks, today announced that it has acquired Dealer-FX Group, Inc. (“Dealer-FX”), based in Markham, Ontario, for approximately $200 million in cash. Dealer‑FX is a leading developer, marketer, and provider of service operations software solutions for automotive original equipment manufacturer (“OEM”) customers and their dealers. Dealer-FX specializes in software as a service (SaaS) management systems, communications platforms and extensive data inte