Hi Force Group Sold to Snap On Incorporated

BDO advises Hi Force Group on sale to Snap-on Incorporated

BDO’s M&A team has advised the shareholders of Hi Force Group Holdings on its sale to Snap-on Incorporated.  Hi Force, based in Daventry, is a manufacturer and supplier of hydraulic tools and systems serving global industrial markets. The acquisition combines the specialist engineering and service-led model of Hi Force with the international scale of Snap-on.  As part of the larger industrial group, the company intends to accelerate its global e…

Snap-on Acquires U.K. Hydraulic Tools & Lifting Manufacturer for $58M

Tools and tool storage products manufacturer Snap-on announced May 5 that it has acquired Hi-Force Group Holdings in Daventry, U.K. Hi-Force is a designer and manufacturer of high-pressure hydraulic tools, heavy lifting systems and torque/tensioning equipment. The purchase price was $58 million. Snap-on said the acquisition complements and expands its offering in the growing torque market across a variety of industries that include oil & gas, po…

Hi Force Group sold to Snap On Incorporated

Hi‑Force Group Holdings Limited, a Daventry‑based manufacturer and supplier of hydraulic tools and systems, has been sold to Snap‑On Incorporated, a global manufacturer and marketer of tools, equipment and diagnostics. The transaction brings together Hi‑Force’s specialist engineering capability and service‑led offering with Snap‑On’s global scale, operational strength and international reach. As part of a larger, […]

Snap-On acquires United Kingdom-based manufacturer

Kenosha-based tool manufacturer Snap-on Inc. announced Tuesday that it has acquired Daventry, United Kingdom-based Hi-Force Group Holdings Ltd., a manufacturer of high-pressure hydraulic tools, heavy lifting systems and torque and tensioning equipment, for approximately $58 million. Hi-Force will be part of Snap-on’s Commercial & Industrial Group. “The acquisition of Hi-Force complements and expands Snap-on’s offerings […]