Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Celtics Live

43

43

2nd Quarter 2:49

Bruins Live

0

1

1st Prd 11:11

Stanley Black & Decker selling unit for $1.4b

Continue reading below

Tool maker Stanley Black & Decker Inc. is selling its hardware and home-improvement business to Spectrum Brands Holdings for $1.4 billion. The unit makes locksets, hardware, and faucets for residential use and includes brands like Pfister and Kwikset. Spectrum said the acquisition will broaden its offerings, which include Rayovac and Toastmaster. The buyer said the deal is part of its strategy to diversify.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com