Snap-On (SNA) Acquires AutoCrib

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Snap-on Acquires AutoCrib, Inc.

September 29, 2020 7:00 AM EDT

Further Expands Offering of Tool Control and Productivity Solutions for Critical Industries

KENOSHA, Wis.--(BUSINESS WIRE)-- Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced that it acquired the assets of AutoCrib, Inc. (AutoCrib) for approximately $36 million in cash on September 28, 2020.

Based in Tustin, California, with 2019 sales of approximately $30 million, AutoCrib is a leading designer, manufacturer and marketer of tool and asset control solutions. The companys diverse... More