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Snap-on Purchases Pro-Cut International

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Snap-on Inc. has acquired the assets of Pro-Cut International Inc. for approximately $42 million.Snap-on_chrome

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Pro-Cut, with 2013 sales of approximately $24 million, designs, manufactures and distributes on-car brake lathes, related equipment and accessories used in brake servicing by automotive repair facilities.

“We believe Pro-Cut will be an important addition to our Repair Systems & Information Group and will help us move further along our coherent growth runway of expanding with repair shop owners and managers. We look forward to welcoming Pro-Cut associates to the Snap-on family,” said Nick Pinchuk, Snap-on chairman and CEO.

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