Goldblatt Tool assets purchased by international investors

Goldblatt Tool LLC has entered into an agreement to sell the company assets to an international investment group focused on the hardware, home center and professional hand tool channels.

Goldblatt will operate under a newly formed company, Goldblatt Industries LLC, which will continue to design, manufacture, market and support the full lines of Goldblatt, PaceSetter and privatelabel hand tools out of Olathe, Kan., and Shanghai, China.

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