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Overview of Stanley/Black & Decker
Stanley, also known as Stanley works, is a global supplier of quality tools as well as engineering
solutions for constriction, security, as well as industrial solutions. On the other hand, the Black &
Decker is a worldwide producer and marketer of quality power accessories and tolls, home and
hardware improvement products, as well as technology-based systems. These two firms entered
into a definitive merger agreement and created Stanley Black & Decker, becoming a global
industrial leader in a diversity of products.
Besides, this combination brings together companies that are highly complementary with
the world’s most iconic brands, with strong growth projections. Established in the year 1843,
Stanley has been in existence long enough and has diversified its products offering, with a world
leadership position in strong construction tools, hand tools, and security systems. Similarly,
dating back to 1910s, Black & Decker presents a world leadership position in terms of power
tools as well as a diversity of items under the array of renowned brands.
My Impression of the Market Model
The newly established merger, Stanley Black & Decker, thrives in a market in which there are
very few major players. The merger operates in a market that may be identified as being an...
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