Home Industries Banking & Finance BizTimes Money: Snap-on acquires Challenger Lifts

Kenosha-based tool manufacturer Snap-on Inc. has acquired Challenger Lifts Inc. for about $38 million in cash.

 

Challenger manufactures car lifts, jacks and auto accessories at a 140,000-square-foot facility in Louisville, Ky. It had about $45 million in sales for 2012.

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