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Vorys Advises Worthington Industries, Inc. with Acquisition of Business Segment from General Tools & Instruments Company LLC
Vorys, Sater, Seymour and Pease LLP recently advised Worthington Industries, Inc. in connection with the acquisition by its Pressure Cylinders segment of General Tools & Instruments Company LLC (General Tools), a provider of feature-rich, specialized tools in various categories including environmental health & safety, precision measurement & layout, home repair & remodel, lawn & garden and specific purpose tools. The acquisition was completed on January 29, 2021. General Tools employs approximately 60 people and is headquartered in Secaucus, New Jersey, with an additional location in Shanghai, China.