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High Road Capital Partners Sells Portfolio Company General Tools & Instruments

High Road Capital Partners Sells Portfolio Company General Tools & Instruments News provided by Share this article Share this article NEW YORK, Feb. 3, 2021 /PRNewswire/ -- High Road Capital Partners (www.highroadcap.com) announced the sale of its portfolio company GTI Holding Company, the parent company of General Tools and Instruments, LLC ("General Tools") (www.generaltools.com), to Worthington Industries, Inc. (NYSE: WOR), for $115,000,000.  The sale, which closed on January 29, 2021, mar...
Jerome Anderson Austin Arnold Seojin Lee Jeff Goodrich Ralph Mallozzi Worthington Industries

Worthington Industries Acquires General Tools & Instruments Company

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Worthington Industries Acquires General Tools & Instruments Company Worthington Industries, Inc.February 1, 2021 GMT COLUMBUS, Ohio, Feb. 01, 2021 (GLOBE NEWSWIRE) -- 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-y...
United States Mandy Rose Exchange Commission Worthington Industries Tools Instruments Company Pactool International
Source: apnews.com

Worthington acquires General Tools & Instruments Company

Announced today (1 st Feb), the acquisition will broaden Worthington’s consumer products brands in niche tools and outdoor living, taking advantage of General Tools’ 1,200 specialised tools.  “The acquisition of General Tools expands our thriving consumer products portfolio, complementing our existing brands in niche tools and outdoor living with attractive end-markets,” said Andy Rose, Worthington’s President and CEO. “General Tools brings a strong history and a proven new product...
New Jersey United States Mandy Rose Pactool International General Tool General Tools

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