MAT Holdings explained

MAT Industries LLC
Type:Private
Location:Long Grove, Illinois
Industry:Manufacturing
Homepage:MAT Holdings

MAT Holdings, Inc. is an American company that manufactures MAT Industries air compressors, pneumatic tools, pressure washers, and accessories. Gabriel Shock & Struts; Midwest Air Technologies (Fencing, Pet Containment, Lawn & Garden accessories, and other consumer goods; MAT Logistics, distribution and 3PL; and MATHD Heavy Duty Brake relining divisions.

The main company was founded in 1984. In 1999 Devilbiss Air Power Co. was acquired by Pentair.[1] Pentair sold the company to Black & Decker in 2004.[2] [3] Following the 2010 merger of Stanley Works and Black and Decker, the new Stanley Black & Decker sold DeVilbiss Air Power to MAT Holdings on March 31, 2011.[4]

Notes and References

  1. News: . Pentair, A Tools Maker, is Making Acquisition . New York Times . 1999-08-14 .
  2. News: . Black & Decker Earnings Rise 61% . New York Times . 2004-07-20 .
  3. Web site: Company Overview of DeVilbiss Air Power Company, Inc. . https://archive.today/20140516061757/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1032370 . dead . May 16, 2014 . . Bloomberg Business Week . 2014-05-15.
  4. https://archive.today/20140518143520/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=129699973 Sale to MAT Holdings