The 2020 Mid-Year Economic Update_long

Textron’s Greenlee Unit Acquires Paladin Tools

To broaden the company's position in the voice, data and video channel, Textron Inc.'s Greenlee business unit has acquired Paladin Tools, Oilville, VA, a provider of tools and accessories for the telecom, datacom and wiring industries.


Strategically, this acquisition provides Greenlee with a complementary brand portfolio and an expanded product line," said Scott Hall, Greenlee president. "Paladin also gives Greenlee access to additional distribution channels in the voice, data and video industry that will broaden our customer base for communications wiring tools.


Paladin's brand names include Paladin Tools, DataShark and PowerPlay, and the company's product line includes a variety of cutters, strippers, punchdown tools, crimpers, multi-tools, testers, kits ...

To broaden the company’s position in the voice, data and video channel, Textron Inc.’s Greenlee business unit has acquired Paladin Tools, Oilville, VA, a provider of tools and accessories for the telecom, datacom and wiring industries.

Strategically, this acquisition provides Greenlee with a complementary brand portfolio and an expanded product line,” said Scott Hall, Greenlee president. “Paladin also gives Greenlee access to additional distribution channels in the voice, data and video industry that will broaden our customer base for communications wiring tools.

Paladin’s brand names include Paladin Tools, DataShark and PowerPlay, and the company’s product line includes a variety of cutters, strippers, punchdown tools, crimpers, multi-tools, testers, kits and other hand tools and accessories for use in computer, network, telephone, home entertainment and other communications wiring applications.
&nbsp ;
Current customers include Home Depot, Menards, Fry’s, Anixter, Tessco, Graybar, and Original Equipment Manufacturers, according to a press release.
&nbsp ;
Greenlee currently offers a line of tools for datacom, telecom and fiber optic applications, including installation tools, tone generators and telephone test sets, network certification instruments and fiber optic test equipment. In addition, Greenlee recently launched a line of hand tools including pliers, saws, screwdrivers, wrenches, insulated drivers, tool bags, accessories, tool kits and more.
&nbsp ;
Textron Inc. is an $11 billion multi-industry company operating in 32 countries with approximately 40,000 employees.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.