Snap-on Related Content

Snap-on Acquires Dealer-FX Group for $200MM

Snap-on acquired Dealer-FX Group, a developer, marketer and provider of service operation software solutions for automotive original equipment manufacturer customers and their dealers, for approximately $200 million in cash. read more

Snap-on Acquires AutoCrib for $36MM

Snap-on acquired the assets of AutoCrib for approximately $36 million in cash. Based in Tustin, CA, with 2019 sales of approximately $30 million, AutoCrib is a designer, manufacturer and marketer of tool and asset control solutions. read more

Snap-on Financial Q3/18 Earnings Higher, YTD Originations $790.4MM

Snap-on reported its Q3/18 Financial Services operating earnings of $59.3 million were up from $56.0 million a year earlier. Originations for the nine month period that ended 9/29/18 were $790.4 million, off 2.1% from a year earlier. read more

Snap-on Financial Services Earns 5.5% Increase in Q2 Revenue

Snap-on reported financial services revenue in Q2/18 of $82.0 million, which marked a 5.5% increase compared to Q2/17. read more

Snap-on Completes Purchase of Sturtevant Richmont

Snap-on completed the acquisition of Sturtevant Richmont of Carol Stream, IL, a manufacturer of tools and testing devices and client of Generational Equity. read more

Snap-on Reports Q1/18 Originations Off 6.5% Year/Year

Snap-on reported Q1/18 originations of $247.3 million were down 6.5% from the same quarter a year earlier. Finance receivables outstanding at the end of Q1/18 of $1.55 billion compared to $1.54 billion at year-end 2017. read more

Snap-on Reports FY Financial Services Portfolio Growth of 10%

Snap-on reported net finance receivables at fiscal year-end 2017 of $1,544.6 million, up 9.8% from $1,407 million a year earlier. read more

Snap-On Reports Double-Digit Y/Y Increase in Finance Receivables

Snap-On reported finance receivables at the end of Q3/17 of $1,524.4 million, up 10.9% from $1,374.2 million at the end of the same period in 2016. Q3/17 originations of $271.8 million were up from 2016 levels. read more

Snap-on Financial Q2 Originations Off 3.7% Year/Year

Snap-on reported financial services originations of $270.6 million in Q2/17 were down 3.7% from $281.0 million a year earlier. read more

Snap-on Acquires Norbar Torque Tools for $72MM

Snap-on acquired Norbar Torque Tools Holdings, along with its U.S. and Chinese joint ventures, for approximately $72 million. read more

Snap-On Reports Financial Services’ Double-Digit Revenue, Earnings Growth

Snap-On reported Financial Services Q1 revenue and net earnings of $76.8 million and $22.0 million, respectively were up 15.8% and 17.6% compared to the same quarter in 2016. Net finance receivables of $1,451 million compared to $1,407 million a year earlier. read more

Snap-on Organic Sales Increase 2.6%, Financial Services Earnings Up 16.3%

Snap-on reported Q3/16 organic sales increased $21.2 million or 2.6% and that financial services operating earnings were $50.6, up 16.3% from 2015 levels. read more

Snap-on Acquires Swedish Collision Repair Equipment Company

Snap-on entered into a definitive agreement to acquire Car-O-Liner for approximately $155 million in cash. read more

Snap-On Financial Q2 Portfolio Additions Up 12.4% Y/Y

Snap-On reported Q2/16 additions to its portfolio of $244.2 million were up 12.4% from $217.2 million in the same quarter in 2015. The company said quarter-end net finance receivables stood at $1.3 3 billion, up from $1.22 billion a year earlier. read more

Snap-on Reports Higher YTD Revenue, Operating Earnings & Volume for Finance Unit

In its Q3/15 report new release on earnings, Snap-on said its finance unit year-to-date revenues, operating earnings and net additions to its finance receivables were higher compared to the same period one year ago. read more

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