A few major players drive the market as a whole. Some will be familiar to the average user, like Bosch or Stanley Black & Decker, while other tool brand owners remain unknown to the vast majority of their buyers — brands like International Tool Works, Positec, or Chervon. These are the real owners sitting behind the major tool brands that DIYers and professionals use regularly.
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Do You Know Who Really Owns All The Major Tool Brands Available Today?
There's a not-so-secret undercurrent at play in the tool marketplace. Rather than finding themselves in competition with one another, many tool brands are actually owned by the same parent company. Many tool manufacturers remain independent of the large conglomerate structure, but overwhelmingly, tool brands have been bought up by gigantic corporations and are therefore built in loose coordination rather than competition. So who owns who? Let's take a look.