Worthington Industries completed the acquisition of General Tools & Instruments Company from High Road Capital Partners for $115m.

Worthington Industries, an industrial manufacturing company, completed the acquisition of General Tools & Instruments, a provider of over 1,200 feature-rich, specialized tools, Company from High Road Capital Partners, a private equity firm, for $115m. “The acquisition of General Tools expands our thriving consumer products portfolio, complementing our existing brands in niche tools and outdoor living with attractive end-markets. General Tools brings a strong history and a proven new product development process with demonstrated speed to market. Their team is outstanding, and this acquisition will deepen our expertise in consumer products and broaden our relationships with blue chip customers allowing us to deliver more products, innovation and value," Andy Rose, Worthington Industries President and CEO.