No, DeWalt does not own FLEX. While both are prominent brands in the power tool industry, they are owned by separate and distinct global manufacturing groups.
Who Owns FLEX Power Tools?
FLEX power tools are owned by the Chervon Group, a global company specializing in power tools, outdoor power equipment, and other related products. The acquisition of FLEX by the Chervon Group took place in 2013. Beyond FLEX, the Chervon Group's portfolio includes other well-known power tool brands such as:
- EGO: Known for its battery-powered outdoor power equipment.
- Skil: A long-standing brand in the power tool market, offering a range of tools for DIYers and professionals.
Chervon is a significant player in the global tool market, focusing on innovation and battery technology across its brands.
Who Owns DeWalt Power Tools?
DeWalt is a flagship brand of Stanley Black & Decker, Inc., one of the world's largest and most diversified tool and security companies. Stanley Black & Decker owns a vast array of brands across various sectors. Some of the other notable tool brands under the Stanley Black & Decker umbrella include:
- Black+Decker: A widely recognized brand for home and garden tools.
- Stanley: Specializing in hand tools and hardware.
- Craftsman: A popular American tool brand, acquired by Stanley Black & Decker in 2017.
- Porter-Cable: Known for its professional-grade power tools.
- Mac Tools: A brand catering to professional automotive technicians.
Key Ownership Differences at a Glance
To clarify the distinct ownership structures, refer to the table below:
| Brand | Parent Company | Other Key Tool Brands Under Parent |
|---|---|---|
| FLEX | Chervon Group | EGO, Skil |
| DeWalt | Stanley Black & Decker | Black+Decker, Stanley, Craftsman, Porter-Cable, Mac Tools, and many more |
Why the Confusion?
The misconception that DeWalt might own FLEX often arises because both brands cater to professional and serious DIY users, offering high-performance, robust tools. They are direct competitors in the professional power tool market, especially with FLEX's re-entry and expansion in the North American market in recent years. However, their corporate parents and product development paths are entirely separate.
