Kyocera plans to grab greater share of power tool market following RYOBI acquisition
Kyocera’s acquisition of RYOBI power tools has now been completed, paving the way for the brand to diversify and further expand its industrial tool business. Completing the buy out announced in October, the acquisition sees Kyocera acquire 80% of shares in Kyocera Industrial Tools Corporation, an enterprise established from the company split of Ryobi Limited’s […]
Kyocera follows SENCO acquisition with Ryobi buy out
Ryobi is the latest power tool brand to be acquired by Kyocera, which snapped up Senco (now KYOCERA SENCO Industrial Tools) in the summer. By January 2018, Kyocera Corporation will have acquired the majority of shares of a company to be established from the company split of Ryobi Limited’s power tool business. Ryobi’s range includes […]
US fastener and tool brand SENCO acquired by KYOCERA
KYOCERA has expanded its fastening tools business in the manufacturing, construction, residential and commercial sectors following the acquisition of SENCO. SENCO is based in Cincinnati, Ohio and has been renamed ‘KYOCERA SENCO Industrial Tools Inc’. Thanks to the acquisition, KYOCERA aims to increase sales of fastening tools and fasteners to JPY 40 billion (approx USD $361 […]