Stanley Black & Decker has entered into a definitive agreement to acquire International Equipment Solutions Attachments Group (IES Attachments) for $690 million in cash. Separately, the Company completed a $300 million share repurchase in July, bringing total share repurchases in 2018 to $500 million.
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Paladin Attachments, a leading manufacturer of coupler systems and attachment tools, has expanded its Bradco Pallet Fork offering to include new Walk‐Thru Pallet Forks, featuring an open design that allows the operator to step through the frame upon entry and exit for safe access to the loader. The addition of the Walk‐Thru Pallet Forks is in support of the company’s ongoing commitment to providing product versatility and reliable solutions to the markets it serves.
Paladin Attachments, a leading manufacturer of couplers and attachments, has announced the integration of CWS Industries and Jewell Manufacturing into its North American business operations. Canadian-based CWS is a manufacturer of highly-engineered attachment products sold through a network of dealers and end-users in the mining, oil and gas, forestry, and construction markets. They have been providing solutions to unique applications and geological conditions for over five decades. Prior to the integration, CWS has been a Paladin Distributor in Western Canada since being acquired in 2012 by International Equipment Solutions, (IES), Paladin’s parent company. Jewell Manufacturing, based in Portland, Oregon, provides custom machines and attachments for the world’s harshest environments including the forestry, demolition, scrap recycling, material handling and construction industries.
CustomWorks, a Brand company of Paladin Construction Group, delivers specialized solutions to protect and enhance trucks, excavators, skid steers, wheel loaders and other heavy equipment that operate in harsh applications. CustomWorks offers a broad range of products, services, engineering, manufacturing and installation expertise, including cab and machine guarding to protect machines and operators from rough outdoor elements and theft, key component protection to withstand dangerous job site conditions, and other equipment enhancements.