Textron completes $810M sale of Tools & Test brands and businesses

TEXTRON has completed the sale of its Tools & Test businesses and brands to Emerson Electric.
TEXTRON has completed the sale of its Tools & Test businesses and brands to Emerson Electric.
PROVIDENCE – Textron Inc. has closed its sale of its Tools & Test businesses and brands to Emerson Electric Co. for $810 million in cash. The deal included the Greenlee, Greenlee Communications, Greenlee Utility, HD Electric, Klauke, Sherman+Reily and Endura brands. Emerson is headquartered in St. Louis, and is a technology and engineering company in…

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