Hofmann And Balco Join Forces

1st February 2002 | 0 Comments
 

Hofmann and Balco are to merge their administration and IT functions as part of a rationalisation within the Snap-on group, with a new name; European Equipment Group (EEG). The Hofmann and Balco brands will continue, as will the different channels of distribution. Chris Grimm, MD of Balco, will become MD of EEG, while Gavin Masterton, MD of Hofmann, is to retire. Our article looks at the reasons behind the new move.

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Category: Product News

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