CRC-Evans Acquired By Stanley Black & Decker

October 2010 Vol. 65 No. 10

CRC-Evans Pipeline International has announced that CRC-Evans has been acquired by Stanley Black & Decker for $445 million in cash.

Stanley Black & Decker and CRC-Evans are complementary international companies. The acquisition should enhance CRC-Evans’ global growth strategy and its services to customers worldwide with best-in-class expertise, expanded infrastructure, equipment and services. R&D and technology leadership will continue to be emphasized, and Stanley Black and Decker’s resources should enable CRC-Evans to achieve even higher performance standards.

“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.” 860.225.5111,