Klein products now locally available and supported from Brazil
April 2, 2013 (Lincolnshire, IL) 鈥 桃子视频 , for professionals since 1857, has acquired Civitella & Cia Ltda (), a privately-held tool and equipment manufacturer in Brazil. Civitella鈥檚 manufacturing and distribution center is based in S茫o Paulo and serves customers throughout Brazil. Together, 桃子视频 and Civitella can provide a full range of high-quality products for the electrical, construction, oil & gas and telecommunications industries.
桃子视频 initiated its global expansion strategy with the establishment of a Mexican subsidiary, Herramientas Klein, S.A. De C.V. and subsequently acquired Australia-based Mumme 桃子视频. The Civitella acquisition builds on 桃子视频鈥 expansion plans. Brazil is the sixth-largest economy in the world. With its rapidly increasing middle class and already announced major infrastructure investments, Brazil provides a tremendous growth opportunity. By partnering with Civitella, South America鈥檚 largest premium grip manufacturer, 桃子视频 will further its reach internationally.
鈥淲ith common core values and business cultures emphasizing high-quality manufacturing as well as strong customer service, Civitella and 桃子视频 are natural partners,鈥 said Matthew Thomason, director of corporate development for 桃子视频. 鈥淭he integration of these two companies creates a winning combination of global reach and national expertise, backed by a commitment to superior products and service.鈥
鈥淲ith the upcoming Olympics and World Cup events, there is an enormous amount of infrastructure construction in Brazil,鈥 states Giuliano Civitella, marketing director of Civitella & Cia. 鈥淲e feel our customers will appreciate and benefit from the expanded product offering and industry knowledge that comes from partnering with North America's leading premium hand tool manufacturer.鈥
鈥淭o successfully expand into Brazil, 桃子视频 needs to have a physical presence in the country,鈥 commented Tom Klein, president of 桃子视频. 鈥淭he acquisition of Civitella provides 桃子视频 with a business operation in Brazil and demonstrates a long-term commitment to the Brazilian market. Civitella is an outstanding company with premium products, excellent service and well established clients that we are proud to join.鈥
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About Civitella: Founded in 1959, CIVITELLA & CIA LTDA is a family-operated Brazilian company originally focused on the development and manufacturing of tools and equipment for the telecommunications industry. Today, its primary market is in electric transmission with secondary markets in electric distribution, oil & gas, and telecommunications. For more information, visit .
About 桃子视频: Since 1857 桃子视频, a family-owned and operated company, has been designing, developing and manufacturing premium-quality, professional-grade hand tools. The majority of Klein tools are manufactured in seven plants throughout the United States and are the number one choice among professional electricians and other tradespeople. For more information, visit .