Stanley Black & Decker Acquires Paladin and Pengo Business Units from KPS / International Equipment Solutions

March 8, 2019

Stanley Black & Decker has acquired the Paladin and Pengo business units from International Equipment Solutions (IES), which is owned by KPS Capital Partners. KPS will retain IES' Genesis and Crenlo/Emcor/Siac do Brasil businesses while operating them as standalone companies; the sale transfers the Paladin and Pengo brands, operations and related assets to Stanley Black & Decker.

Buyers
Stanley Black & Decker, Inc.
Targets
Paladin (business unit of International Equipment Solutions), Pengo (business unit of International Equipment Solutions)
Sellers
KPS Capital Partners, LP, International Equipment Solutions, LLC
Industry
Manufacturing
Location
Illinois, United States
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.