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Stanley Black & Decker acquires Powers Fasteners

17 Dec 12 Tools company Stanley Black & Decker has completed the acquisition of Powers Fasteners, a supplier of concrete and masonry anchors and forced entry fasteners.

Stanley Bostitch and Powers Fasteners now supply a full range of fastening
Stanley Bostitch and Powers Fasteners now supply a full range of fastening

Stanley Black & Decker said that the new business would leverage the Powers fastener and anchor ranges with its own Bostitch fastening portfolio in commercial construction, providing a complete range of industry-leading products.

Colin Earl, Stanley Black & Decker Europe vice president of hand tools and fastening, said: “This is an exciting new period that marks the start of Stanley Black & Decker being able to offer a broader, more comprehensive and higher quality fastening range than ever before, and we look forward to announcing details of new products and innovations in 2013 and beyond.”

Powers Fasteners was founded in 1921 and privately owned by the Powers family.

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