Snap-on is a well-known company that is primarily known for its high-quality tools and equipment. However, the company has a diverse portfolio of subsidiaries that go beyond the realm of tools and extend into other industries. In this article, we will explore the various companies that Snap-on owns and how they contribute to the overall success and growth of the organization.
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The Snap-on Family
One of the major subsidiaries of Snap-on is Snap-on Tools, which is the original and core business of the company. Snap-on Tools is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks. From hand and power tools to tool storage, diagnostics, software, and shop equipment, Snap-on provides a wide range of products and services to the automotive, aviation, marine, and other industries.
Expanding into Other Industries
Aside from its core business in tools and equipment, Snap-on has expanded its portfolio to include subsidiaries in other industries. One such subsidiary is Car-O-Liner, a leading global provider of high-quality, technologically advanced collision repair equipment and systems solutions for the automotive industry. Car-O-Liner’s products and services are designed to improve the efficiency, productivity, and precision of collision repair operations.
Further Diversification
In addition to its presence in the automotive industry, Snap-on has also ventured into the aerospace industry through its subsidiary, Snap-on Aerospace. Snap-on Aerospace specializes in the design, manufacture, and supply of innovative tools, equipment, and solutions for the aviation and aerospace sectors. The company’s products and services are trusted by aircraft manufacturers, MRO facilities, and airlines around the world.
Providing Safety Solutions
Snap-on has also delved into the safety industry with the acquisition of The Hilliard Corporation. The Hilliard Corporation is a leading global provider of motion control and filtration products for a wide range of industries, including the automotive, construction, and oil & gas sectors. The company’s products are designed to enhance safety, reliability, and performance in various applications.
Driving Innovation in the Technology Sector
Furthermore, Snap-on has a presence in the technology sector through its subsidiary, Snap-on Business Solutions. Snap-on Business Solutions specializes in providing software, data, and analytics solutions for the automotive industry. The company’s innovative products and services help dealerships, OEMs, and independent service providers improve their operational efficiency and profitability.
Conclusion
In conclusion, Snap-on’s diverse portfolio of subsidiaries spans across different industries, including automotive, aerospace, safety, and technology. The company’s strategic acquisitions and partnerships have allowed it to expand its reach and provide a wide range of products and services to various sectors. With a focus on innovation, quality, and customer satisfaction, Snap-on and its subsidiaries continue to lead and excel in their respective industries.
FAQs
Q: What other industries does Snap-on have subsidiaries in?
A: In addition to the automotive industry, Snap-on has subsidiaries in the aerospace, safety, and technology sectors.
Q: What is Snap-on Business Solutions’ specialty?
A: Snap-on Business Solutions specializes in providing software, data, and analytics solutions for the automotive industry to improve operational efficiency and profitability.
Q: How does Snap-on continue to excel in its diverse holdings?
A: Through strategic acquisitions and a focus on innovation, quality, and customer satisfaction, Snap-on and its subsidiaries continue to lead and excel in their respective industries.
what companies does snap on own
Snap-on is a globally recognized leader in providing high-quality tools and equipment for professional mechanics and technicians. However, the company’s scope extends beyond just its flagship brand. Snap-on has diverse holdings in various subsidiaries that offer a wide range of products and services. These subsidiaries enhance Snap-on’s ability to serve a broader customer base and extend its reach into new markets.
One of Snap-on’s subsidiaries is Car-O-Liner, a leading global provider of collision repair equipment and technical training for the automotive industry. Car-O-Liner’s products and services are designed to help body shops and collision repair centers improve efficiency and quality in their operations. This subsidiary complements Snap-on’s existing product offerings and allows the company to provide integrated solutions to customers in the automotive repair industry.
Another notable subsidiary of Snap-on is Sun, a manufacturer of high-quality diagnostic equipment for professional technicians and automotive repair shops. Sun’s products include advanced diagnostic tools, wheel balancers, and tire changers, among others. By acquiring Sun, Snap-on has expanded its capabilities in diagnostic and shop equipment, further solidifying its position as a leader in the automotive repair industry.
Snap-on also owns Hofmann, a well-known manufacturer of automotive service equipment, including wheel balancers, tire changers, and alignment systems. Hofmann’s products are designed to improve the efficiency and accuracy of vehicle service and maintenance, aligning with Snap-on’s commitment to providing innovative solutions for the automotive industry.
In addition to its holdings in the automotive repair industry, Snap-on has subsidiaries that cater to other industries as well. For example, Wright Tool, a subsidiary of Snap-on, is a leading manufacturer of professional-grade hand tools for industrial and construction applications. Wright Tool’s products are known for their durability, precision, and ergonomic design, making them a valuable addition to Snap-on’s portfolio of brands.
Snap-on also has a presence in the aerospace industry through its subsidiary, Interapid. Interapid specializes in the design and manufacture of precision measuring instruments for aerospace, automotive, and other high-precision industries. The company’s products are used for dimensional control and quality assurance in manufacturing processes, offering a vital service to customers in these industries.
The diverse holdings of Snap-on demonstrate the company’s commitment to providing comprehensive solutions for professional technicians and mechanics across various industries. By leveraging the expertise and product offerings of its subsidiaries, Snap-on has expanded its reach and solidified its position as a leading provider of tools, equipment, and services for the automotive, industrial, and aerospace sectors. This diversified approach allows Snap-on to meet the evolving needs of its customers and continue to drive innovation in the professional tool and equipment market. what companies does snap on own
