Worthington Industries Acquires General Tools & Instruments Company

Worthington Industries announced the acquisition of General Tools & Instruments Company for approximately $115 million. The deal broadens Worthington's consumer products portfolio in niche tools and outdoor living.

“Worthington Industries, Inc. (NYSE: WOR) today announced the acquisition of General Tools & Instruments Company LLC (General Tools), a provider of over 1,200 feature-rich, specialized tools with well-established brands and a nearly 100-year history.”

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