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Posted May 4, 2017

Snap-on acquires Norbar Torque Tools

Snap-on Incorporated has acquired Norbar Torque Tools Holdings Limited, along with its U.S. and Chinese joint ventures, for approximately $72 million.


Based in Banbury, United Kingdom, with annual sales of approximately $41 million, Norbar is a leading European manufacturer of a full range of torque products, including wrenches, multipliers and calibrators and has a strong presence in critical industries, including power generation, oil & gas, mining and railroad. The acquisition of Norbar, which will be part of the company’s Commercial & Industrial Group, complements and expands Snap-on’s existing torque offering to critical industries, particularly in powered torque products.

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