Stanley Black & Decker acquires CRC-Evans

Aug. 2, 2010
Stanley Black & Decker has acquired CRC-Evans Pipeline International for $445 million in cash.

Offshore staff

HOUSTON -- Stanley Black & Decker has acquired CRC-Evans Pipeline International for $445 million in cash.

Stanley Black & Decker and CRC-Evans are complementary international companies.

“Our customers can expect that their relationships with CRC-Evans will not be interrupted,” said CRC-Evans CEO Tim Carey. “It’s business as usual. Our approach to the business will remain the same, and our operations will continue to be everything they expect – and more.”


08/02/2010