Snap-on Incorporated (NYSE: SNA) announced June 9 that it has acquired Diesel Laptops LLC for approximately $100 million in cash, extending the tool and diagnostics maker’s reach into the commercial truck and off-highway equipment repair markets. The transaction closed June 8.
The acquisition adds to the proprietary repair data and diagnostics offerings of Snap-on’s Repair Systems & Information Group, the unit behind the diagnostic platforms and repair information products used widely across collision repair facilities. For shops handling heavy-duty collision and fleet work, the deal puts a major commercial truck diagnostics and repair information provider under the same corporate roof
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