Posted April 21, 2014

Milwaukee Tool to acquire Empire Level

Empire Level president Jenni Becker released a statement this morning that Mukwonago, Wis.-based Empire Level has entered into a letter of intent to be acquired by Milwaukee Tool.

The letter of intent provides that, following the negotiation of a definitive agreement and closing of the transaction, Milwaukee Tool will leverage the Empire and True Blue brands to extend its existing product offerings.

Additionally, the Empire design and manufacturing facilities in Mukwonago will remain operational.

Jenni Becker will serve as president of Empire, a business unit of Milwaukee Tool, and report to Steve Richman, president of Milwaukee Tool.

Becker sees this as a great opportunity for the growth of the Empire brand as well as for the company’s employees.

Both companies are working to expedite the transaction, which is slated to close in late July.