Snap-on Inc. (“Snap-on”) has acquired certain assets from SAVTEQ, Inc. (“SAVTEQ”). SAVTEQ has developed proprietary technologies utilizing structured light in applications such as non-destructive testing, industrial metrology and robotic vision. SAVTEQ’s technologies enable continuous, high-density 3D pointcloud scanning and analysis at high speed and resolution.

Snap-on Incorporated, based in Kenosha, Wisconsin, is a manufacturer of high-end tools and equipment for professional use in the transportation industry including automotive, heavy duty, marine, aviation, and railroad segments. The Company is publicly listed (NYSE: SNA) with a market cap of $14.5B and sales of $4.7B.

EC M&A acted as the exclusive financial advisor to SAVTEQ.