October 22, 2021

Professional Tool Reviews for Pros

Hitachi Acquires Metabo in Huge Buyout

Hitachi acquires Metabo tool

Hitachi (Hitachi Koki Co., Ltd) just announced today that they’re acquiring 100% ownership of Metabo (metabo Aktiengesellschaft). They also acquired Metabo parent company Power Tool Invest B.V. (“PTI”), which is headquartered in Schiphol, Netherlands. PTI, the holding company of Metabo, owns 80 percent of the stock, with the founding family, executives and employees of Metabo making up the other 20 percent. Hitachi acquired the full 80% of corporate shares of Metabo while at the same time purchasing the 20% of shares from the founding family, executives, and employees. As Hitachi acquires Metabo, we can’t help but think this will mean a huge shakeup both here and overseas.

Hitachi Acquires Metabo

We just saw the announcement of the Metabo LiHD batteries and related technology which piqued our interest. Add to that the announcement of the Lowe’s and Hitachi exclusive deal, and you have an interesting scenario developing that could finally deliver some serious Pro-level tools to consumers in a way that wasn’t formerly available. Metabo has sales offices in 25 countries, but its strength has always been in Germany and other European countries. Now, we may finally see more of these tools hit the U.S. market.

Hitachi, however, has the same issues in the U.S., with cordless power tool sales that are well under the big three (even while its pneumatic tools are some of the most widely used). Hitachi Koki also stands to gain by expanding its tools into the European market through this acquisition.

The deal was for just under $180 million dollars. You can read the full Hitachi press release for more detailed info.

Related articles

People Misusing Large Construction Equipment

We were tooling around online today and came across several examples of how to misuse large construction equipment. And believe us, this is some gross misuse of some very large pieces of equipment. Now, the misuse was VERY impressive, but we’re not sure we’d risk our necks (or that much money) on the type of […]

DeWalt Cordless 20V Pruner – DCPR320

DeWalt Cordless Garden Pruner Joins Ever-Expanding OPE Lineup It seems like everyone has a new cordless pruner, and the novelty of the design has a lot to do with it. Two models have surfaced. The first lets you shred through cuts “mini-chainsaw” style. However, since chains require sharpening and oil, they require more maintenance. The […]

Best Cordless Impact Driver Reviews 2021

We’ve tested dozens of the impact drivers currently available to find out who makes the best impact driver in multiple classes. There are some impressive new players entering the scene that look to challenge the traditional powerhouses. When it was all said and done, the biggest names still stepped up to the plate. Our impact driver reviews […]

Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x