December 11, 2015
Hitachi Koki Co., Ltd.(“Hitachi Koki”) today announced the resolution, in the Board of Directors meeting held today, that Hitachi Koki would acquire 100% ownership of Metabo Aktiengesellschaft (“Metabo”), headquartered in Nurtingen, Germany. Metabo has an established reputation for high-quality products centered in the European market. Hitachi Koki is aiming to strengthen and expand its power tool business by acquisition of the parent company, Power Tool Invest B.V. (“PTI”), headquartered in Schiphol, the Netherlands, and of all minority shareholders’ interest owned by the founding family and executives & employees of Metabo.
July 29, 2015
To make the shopping experience simpler for consumers, Hitachi pneumatics will be featured in a dedicated brand display with color-coded nailers, associated fasteners and accessories located directly below the coordinating tools for efficiency. Pro and DIY consumers alike will find increased on-hand availability and the diversity of tool selection needed to tackle any pneumatic tool and fastener application. The Hitachi fasteners will also be clearly labeled by the local building codes for quick and easy identification.