Outillages King Canada Inc.
Einhell Germany AG has acquired Outillages King Canada Inc.
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Einhell Germany AG has acquired Outillages King Canada Inc. MNP Corporate Finance Inc. acted as exclusive financial advisor to Outillages King Canada Inc. in structuring and negotiating this transaction.
Transaction Brief
Founded in 1964, Einhell Germany AG (Einhell) is a manufacturer of power tools and electrical garden equipment. Einhell is based in Landau/Isar (Bavaria) Germany and serves more than 40 countries.
Outillages King Canada Inc. (King Canada) is a Canadian distributor of woodworking, metalworking, automotive and material-handling machinery, tools, equipment, and accessories. It is headquartered in Montreal, Quebec.
The transaction provides Einhell with access to the Canadian market and King Canada's do-it-yourself and specialist retail customers, while King Canada obtains access to Einhell's battery platform and suite of products.