Snap-on Incorporated announced that it acquired the assets of Ecotechnics S.p.A. for approximately $13.0 million in cash. Based in Sesto Fiorentino, Italy, Ecotechnics, with 2014 sales of approximately €12.4 million, designs and manufactures automatic vehicle air conditioning maintenance equipment for OEM dealerships and the automotive aftermarket worldwide.
Ecotechnics will be part of Snap-On’s Repair Systems & Information Group.
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