Deal closed Jul 2011 · Medina, N.Y. and Winston-Salem, N.C. Verified
Worthington Cylinders Acquires BernzOmatic
Worthington Industries' Pressure Cylinders segment has purchased the BernzOmatic business from Irwin Industrial Tool Company, a subsidiary of Newell Rubbermaid. The acquisition expands Worthington's product mix into hand-held torches, solder, and accessories, and provides entry into the plumbing/HVAC wholesale channel.
“Worthington Industries, Inc. (NYSE:WOR) announced today that its Pressure Cylinders segment has purchased the BernzOmatic business from Irwin Industrial Tool Company, a subsidiary of Newell Rubbermaid.”
Entities
BernzOmatic · Target Newell Rubbermaid · Parent Worthington Industries Inc. · Acquirer Irwin Industrial Tool Company · Parent
HVACPlumbing Sentiment: Positive
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.