Snap-on acquires Hi-Force for $58 million cash
Snap-on Incorporated
Snap-on Incorporated SNA | 0.00 |
- Snap-on acquired Hi-Force Group Holdings for about USD 58 million in cash, closing April 30, 2026.
- Hi-Force, based in Daventry, UK, designs and manufactures high-pressure hydraulic tools, heavy lifting systems, torque tools, and tensioning equipment.
- Deal expands Snap-on’s torque offerings for critical-industry customers, with end markets including oil and gas, power generation, and rail.
- Hi-Force will operate within Snap-on’s Commercial & Industrial Group.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snap On Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605051700BIZWIRE_USPR_____20260505_BW096623) on May 05, 2026, and is solely responsible for the information contained therein.
