Kenosha-based Snap-on Inc. has acquired UK-based Cognitran Ltd. for approximately $31 million, the company announced Thursday.
Cognitran provides Software as a Service products focused on service, diagnostics, parts and repair information for OEM dealers and connected vehicle platforms.
The acquisition will help Snap-on expand its “capabilities in providing shop efficiency solutions through integrated upstream services to OEM customers in automotive, heavy duty, agricultural and recreation applications,” the company said.
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Cognitran will be part of Snap-on’s repair systems and information group.
