RS Components takes on Norbar distribution
RS Components is now stocking selected torque tools and torque measurement equipment from Norbar, following a distribution agreement. The trading brand of Electrocomponents plc, RS Components is a global multi-channel distributor, offering more than 500,000 industrial and electronic products from 2,500 suppliers, with operations in 32 countries. Norbar torque wrenches available from RS cover torque […]
Sales rise $33m in Q2 for Norbar, BAHCO and Lindström owner Snap-on
Kenosha, Wisconsin headquartered Snap-on Incorporated saw sales rise in Q2 2018, bolstered by new product launches and ‘industry tailwinds’. Net sales of $954.6 million increased 3.6% or $33.2 million from 2017 levels. That $33.2 million included $12.1 million organic sales gain (1.3%), $8.1 million acquisition-related sales and $13 million favourable foreign currency translation. Commercial & […]
Norbar to celebrate 75 years at Cologne International Hardware Show
Celebrating 75 years in the industry, Norbar Torque Tools is heading to the Cologne International Hardware Show over 4-7 March, with its largest range of torque wrenches, torque multipliers and torque measurement devices on display. The stand has also been specially designed with graphics featuring a timeline of the business’ milestones. The headline product on the […]
FOCUS on fastener tools: Master Abrasives, Makita, Norbar and Hitachi
Fasteners won’t get into place by themselves. Here we present fastener tool options from ZIPP, Norbar and Makita for stockists… Makita Makita has introduced the LXT Drywall Screwdriver – a new version of its popular 18v cordless drywall screwdriver that runs up to 2,500 rpm. That’s actually less than its predecessor, but it provides greater driving torque thanks to […]
Snap-On Tools sees sales increase $49m following Norbar acquisition
Snap-On Tools, which acquired Norbar Torque Tools in May, saw a rise in sales in Q2 2017, both organic and non-organic. Net sales increased $49.1m (5.6%) from $921.4m, reflecting a £23.2m (2.7%) organic sales gain and $38.4m of acquisition-related sales. That figure was offset by $12.5m of unfavourable foreign currency translation. Snap-On’s boss noted that […]
INTERVIEW: The inside story behind Snap-On’s Norbar Torque Tools acquisition
UK headquartered Norbar Torque Tools hit the headlines last month when it revealed it was being acquired by Kenosha, Wisconsin-based Snap-on incorporated. At first glance, it’s a big departure for a tool manufacturer that has been owned and managed by descendants of the founder, William Brodey, for over 70 years, but the Snap-on Incorporated deal was mooted a long time ago […]
Norbar Torque Tools acquired by US-based Snap-on Incorporated
On 4th May 2017, the Norbar Torque Tools group of companies (Norbar), its wholly owned companies in India and Singapore, and including the joint ventures in USA and China, were acquired by Snap-on Incorporated of Kenosha, Wisconsin, USA. Since its incorporation in 1943, Norbar has been owned and managed by descendants of the founder, William […]
TORQUE TOOLS FOCUS: Gedore & Norbar
Torque wrenches, screwdrivers and multipliers are just some of the natural add-on product lines for companies that are already stocking nuts and bolts. Torque looks at some of the big and upcoming brands in the sector… Gedore Germany’s premium tool manufacturer prides itself on products with high quality, precision, reliability and long service life. The firm says that […]