Poland family business conference

Stanley Black & Decker is one of the oldest and perhaps best-known brands on this list. In 2018, the company marked their 175th year in business, with just under $14 billion in global revenue. Headquartered in New Britain, Connecticut, Stanley Black & Decker lays claim to being the world’s largest, fastest-growing and most innovative tools and storage company.

The organisation’s roots trace back to 1843 when Frederick Stanley opened his bold and hinge manufacturing shop in New Britain. In 1910, Duncan Black and Alonzo Decker started their similar business in Baltimore, Maryland. One hundred years later, the two tool giants merged to form the group that exists today.

Stanley Black & Deckers offers some of the best-known power tool brands in the world including Stanley, Dewalt, Black & Decker, Craftsman, Irwin, Mag Tools, Lenox, Porter & Cable, Lista, Vidmar Bostitch, Proto, Sidchrome, Powers and Facom. The company estimates that they sell 50 tools per second around the world. Stanley Black & Decker continues to enjoy robust growth. In the period 2014-2018, they saw an average organic growth of 5 per cent.