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In Q4 2021, Stanley Black's Commercial Electronic and Healthcare Security business lines- were sold to Securitas for $3.2 billion in cash. In 2021, the businesses were predicted to generate revenues of about $1.7 billion. [40] Stanley Access Technologies. In Q1 2022, Stanley Access Technologies were sold to Allegion for $900 million in cash. [41]
A Black & Decker cordless drill. Black+Decker is an American manufacturer of power tools, accessories, hardware, home improvement products, home appliances, and fastening systems, headquartered in Towson, Maryland, north of Baltimore, where the company was originally established in 1910.
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Best Lock Corporation was an American publicly traded door hardware and lock manufacturer. Founded in 1925 as Best Universal Lock Company by Frank Ellison Best, the privately held company relocated from Seattle, Washington, to Indianapolis, Indiana, in 1938, where operations expanded and evolved.
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Stanley, Inc. (NYSE:SXE), acquired by CGI Group in 2010, was an information technology company based in Arlington, Virginia. Founded in 1966 as a small, entrepreneurial consulting company, it evolved into an employee-owned corporation with almost 5,000 full-time employees before being acquired by CGI Group Inc.
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