We mined Stanley Black & Decker's acquisitions, investments, and partnerships to discern the company's strategic priorities.
Founded in 1843, Stanley Black & Decker is one of the largest industrial and residential tooling manufacturers in the world, with a brand portfolio including leading companies like Craftsman, DEWALT, and Cub Cadet.
After decades of expanding into new verticals like security and healthcare, the company has recently divested of those spaces and is returning its focus to its core businesses of handheld tools and power equipment. Stanley Black & Decker is aggressively acquiring companies and investing billions of dollars in these areas with an industrial focus, helping reduce its exposure to the consumer market.
Specifically, the company is investing in adjacent technologies that leverage its industry expertise. Part of this evolution comes from STANLEY X, its internal team responsible for new product development and growth opportunities in areas like construction management software and engineering design.
Using CB Insights data, we uncovered the 4 most important strategic priorities highlighted by Stanley Black & Decker’s recent acquisitions, investments, and partnerships. We then categorized companies by their business relationships with Stanley Black & Decker across these areas:
- 3D printing
- Digital construction & manufacturing
- Sustainability
- Tools & power equipment
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