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Ox Tools has acquired Bora Tool.
Bora Tool was owned by Affinity Tool Works, and has acquired and absorbed a number of tool brands over the years, such as HTC, Portamate, and Centipede workstands.
Bora’s catalog includes lumber racks, miter saw stands, sawhorses, clamps, and clamp-on saw guides, and other woodworking products, while Ox Tools’ product catalog focuses more on general purpose construction tools.
This is the entirety of the announcement, which was posted to the brands’ social media channels:
Exciting News! Today, OX Tools acquires BORA Tool creating a dynamic force in the tool industry! Our unified vision focuses on innovation, quality, and delivering superior solutions.
Together, we combine expertise to introduce groundbreaking solutions and serve customers worldwide. The transition will be seamless, and we’re committed to maintaining the high standards you’ve come to expect.
Stronger together from foundation to finish!
Digging a little deeper, this glimpse of an Ox Tools trade show display suggests that the “from foundation to finish” tagline could carry over into the brands’ overarching strategy.
It will be interesting to see how this bolsters both brands’ efforts in the US and global tool markets.