Torque-Expo

Hitachi power tools division up for sale, says reports

Hitachi Koki, the power tool division of Hitachi, is reportedly up for sale, according to Reuters. Private equity firm KKR & Co is in talks to buy the unit in a deal that is said to be worth over $1.3 billion. An anonymous insider gave Reuters the scoop. Hitachi Koki responded to the story over […]