Klein Tools has acquired the US-based General Machine Products Company (GMP) business based in Trevose, Pennsylvania. Klein Tools acquired substantially all of the business assets of GMP, including its subsidiary and facility in the United Kingdom, CBS Products, with no further specifics of the asset transaction terms disclosed. GMP, a third-generation business owned and operated by the Pfundt family since 1936, is recognized as a premier worldwide supplier of specialty cable placement tools and equipment. The company is primarily known for its premium quality cable lashing machines, cable blowing equipment and other specially designed tools for the utility, data and telecommunications markets.
“GMP is very appealing to Klein Tools as we continue to expand our U.S. manufacturing presence,” says Thomas R. Klein, Sr., Chairman. “GMP and Klein Tools have much in common, including loyal customers, go-to-market strategies and reputations for high-quality products. We believe our combined resources will present additional growth opportunities, and we’re excited to welcome GMP and CBS Products to the Klein Tools family.”
About General Machine Products
For nearly 80 years, the General Machine Products Company is recognized as a premier global supplier of a wide range of products for the telecommunications, power utility and cable television industries, and the contractors who serve them. Product applications include the placement of fiber optic, copper conductor, and coaxial cable both aerially and underground. For more information, visit https://www.gmptools.com.
About CBS Products (KT), Ltd. UK-based
CBS Products (KT), Ltd. is a leading provider of specialized equipment solutions for the construction of power transmission lines and telecommunications networks around the world. Established in 1971 in Oakham, East Midlands, England, the company began to design and manufacture cable jointing equipment and gradually diversified into equipment for the power transmission and telecommunications industry. For more information, visit http://www.cbsproducts.com.
