ORPINGTON, UK, May 2, 2024
/PRNewswire/ -- OX Group Global, a leading provider of innovative
hand tools, diamond tools & tool storage, has acquired Armor
Tool, an innovative brand of high-quality Auto-Adjusting
woodworking and welding clamps, and unique self-adjusting pocket
hole jigs. The acquisition of Armor Tool by OX Group Global is
another strategic development for the group following the
acquisition of BORA Tool in October, 2023. With a vision of
'Foundation to Finish', delivering products driven by innovation to
provide a solution from the Foundation of the build through to the
Finish, OX Group Global strengthens its position as leader in
innovation & comprehensive solutions.
"As we continue to deliver our strategy of building a product
portfolio that supports our vision of Foundation to Finish, we are
excited to welcome the Armor Tool family into our company," said
John Cunningham CEO of OX Group Global. " The Armor Tool IP
portfolio is impressive and fits our leading by innovation strategy
and we look forward to bringing these exciting products to our
customers. Armor Tool's dedication to craftsmanship and innovation
aligns perfectly with our mission to become the best Pro's
brand."
Armor Tool, founded in 2009, has built a reputation for
producing innovative and durable clamping solutions catering to the
needs of those who craft, build, and weld. With 9 issued patents
and 1 pending patent, their product range showcases true
innovation. Their flagship products, such as the Auto-Jig
automatically adjusting pocket hole jig, Auto-Adjust Dog Clamp, and
T-Track system, deliver precision, and speed for users.
Founder of Armor Tool, Rob Poole
said "I am very happy to have reached a deal with OX Group Global.
With its worldwide distribution and highly qualified global sales
team we will be able to grow the Armor Tool business to
achievements I have always dreamed of. Combining the
current BORA work stands with the Auto Adjust Armor Tool
clamping system is one example where the product offering will
improve the performance of our users."
As part of the acquisition, OX Group Global and Armor Tool are
committed to ensuring a smooth transition for customers, suppliers,
and employees. Both companies will work closely to integrate
operations and leverage synergies to drive growth and deliver
greater value. Armor Tool's commitment to innovation, product
excellence, and customer satisfaction highlights the shared values
with OX Group Global.
For media inquiries, contact publicrelations@oxtools.com.
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SOURCE OX Group Global