SNA - Snap-on Inc

Snap-on is a leading global manufacturer and marketer of tools, diagnostics, equipment, and systems solutions aimed primarily at professional users in sectors such as vehicle repair, aerospace, military, natural resources, and manufacturing. Founded in 1920, Snap-on has established itself as a brand synonymous with quality and innovation, selling products through a network of franchisee vans and direct distribution channels across over 130 countries. The company has also ventured beyond automotive tools to create comprehensive solutions for diverse industries, emphasizing a coherent growth strategy and value creation processes that target efficiency and continuous improvement.

The company operates through four main business segments: the Commercial & Industrial Group, the Snap-on Tools Group, the Repair Systems & Information Group, and Financial Services. Each segment caters to specific sectors and customer needs, focusing on delivering high-quality products including hand and power tools, diagnostic systems, shop equipment, and training programs. Additionally, Snap-on offers financing options to facilitate the purchase of its tools and equipment, further enhancing its appeal to professional technicians and franchisees.