Snap-on Incorporated (SNA) is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users. The company was founded in 1920 and is headquartered in Kenosha, Wisconsin, USA.
Snap-on serves a variety of industries, including the automotive, aviation, marine, and heavy-duty transportation sectors. They primarily sell their products and services through franchisee, company-direct, distributor, and internet channels in the United States and internationally.
The company operates through the following segments:
- Commercial & Industrial Group: This segment serves a range of industrial and commercial customers worldwide, including customers in the aerospace, natural resources, government, power generation, transportation, and technical education sectors.
- Snap-on Tools Group: This segment primarily serves vehicle service and repair technicians through mobile van franchises.
- Repair Systems & Information Group: This segment serves other professional vehicle repair customers worldwide, primarily owners and managers of independent repair shops and original equipment manufacturer (OEM) dealership service and repair shops.
- Financial Services: This segment provides financing programs to qualified franchisees and their customers.
Snap-on tools are generally recognized as high-quality products often used by professionals in the automotive repair industry. Their product portfolio includes hand and power tools, tool storage, diagnostics software, information and management systems, and shop equipment.