German firm acquires King Canada

Einhell Germany AG entered the Canadian market on March 1 when it acquired a majority stake in Montreal-based power tools and machinery distributor King Canada. King’s president, Howard Richman, will continue at the helm.

“We are thrilled to work together with Einhell Germany AG, as we take the next important step in our evolution and continue our work to expand our cordless program and product assortment,” he said in a release.

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