Eastwood Company has acquired Yost Vises, enhancing its product offerings and strengthening its position in the DIY automotive tools market.

Overview of the Target

The Eastwood Company (“Eastwood”), a prominent e-commerce provider specializing in branded professional-grade automotive tools, equipment, and supplies, has successfully acquired Yost Vises, a distinguished manufacturer known for its high-quality vises. This acquisition aligns with Eastwood’s mission to serve the Do-It-Yourself (“DIY”) automotive enthusiast community by integrating a complementary portfolio of products.

Yost Vises boasts a century-long history as a leading supplier of robust and reliable workholding tools. The company offers an extensive range of products, including bench vises, drill press vises, woodworking vises, as well as clamps and accessories, all marketed to automotive enthusiasts, metalworkers, woodworkers, and various DIY hobbyists through an effective e-commerce model.

Industry Overview in the Target’s Specific Country

In recent years, the DIY automotive aftermarket industry has witnessed significant growth, fueled by an increasing number of automotive enthusiasts wishing to undertake