CRC News

07.30.2010

CRC-Evans Announces Acquisition by Stanley Black & Decker

Houston, TX - July 30, 2010 - CRC-Evans Pipeline International has announced that CRC-Evans® has been acquired by Stanley Black & Decker (NYSE: SWK) for $445 million in cash. Stanley Black & Decker and CRC-Evans are complementary international companies. The acquisition should enhance CRC-Evans' global growth strategy…