Klein Tools buys Ergodyne to take advantage of an evolving ecosystem
As the PPE market turns…
Klein Tools and Tenacious Holdings, the parent company of Ergodyne, announced in September a major deal in which Klein Tools acquired Ergodyne. The “Tenacious Nation” will remain tenacious, with Ergodyne operating as a separate business unit at its St. Paul, MN headquarters and Tom Votel (below, left) staying on as Ergodyne president.
“We identified PPE as an opportunity several years ago,” Klein Tools Co-President Tom Klein, Jr. (below, right) told For Distributors Only, “and we wanted to partner with someone – ultimately Ergodyne – that would be the best team to fuel the growth of both companies.”