Stanley Black & Decker to acquire Newell Tools

Stanley Black & Decker is acquiring Newell Brands' tools business, including the Irwin and Lenox brands, with the deal expected to close in the first half of 2017.

“[Stanley Black & Decker](http://www.stanleyblackanddecker.com) is acquiring the tools business of Newell Brands (Newell Tools), which includes industrial cutting, hand tool and power tool accessory brands Irwin and Lenox.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.