The 2020 Mid-Year Economic Update_long

Stanley Black & Decker Sells 2 Companies

Company divests Stanley Security Espaa S.L. and Stanley Security Italia S.r.l.

Stanley Black & Decker (NYSE: SWK), New Britain, CT, has sold Stanley Security España S.L. and Stanley Security Italia S.r.l. to CoBe Capital, a global private investment firm. Terms were not disclosed.

CoBe Capital renamed the companies Techco Seguridad and Techco Security, and they will collectively be known as Techco Security, with headquarters in Madrid, Spain, and Milan, Italy.

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