
Expands Diagnostics and Repair Information Capabilities in Heavy-Duty and Equipment Markets


Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics,

<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Expands Diagnostics and Repair Information Capabilities </i><i xmlns="http://www.w3.org/1999/xhtml">in Heavy-Duty and Equipment Markets</i></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Snap-on Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SNA">SNA</a>), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks, today announced that it acquired Diesel Laptops, LLC ("Diesel Laptops") for approximately $100 million in cash on June 8, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Based in Irmo, South Carolina, Diesel Laptops specializes in diagnostics, repair information, and digital solutions for commercial trucks and off-highway vehicles serving heavy-duty repair shops, fleets, and other equipment customers such as those in mining, agriculture, and infrastructure. The acquisition expands Snap-on's capabilities in these growing markets and further strengthens the corporation's library of proprietary experienced-based data, as well as its product offerings to support the diagnosis and repair of increasingly complex vehicles and equipment. Diesel Laptops will be part of the company's Repair Systems &amp; Information Group.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">About Snap-on</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company's network of widely recognized franchisee vans, as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on, an S&amp;P 500 company, generated sales of $4.7 billion in 2025, and is headquartered in Kenosha, Wisconsin.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">Forward-looking Statements</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Statements in this news release that are not historical facts, including statements that (i) are in the future tense; (ii) include the words "expects," "anticipates," "intends," "approximates," or similar words that reference Snap-on or its management; (iii) are specifically identified as forward-looking; or (iv) describe Snap-on's or management's future outlook, plans, estimates, objectives or goals, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Snap-on cautions the reader that this news release may contain statements, including earnings projections, that are forward-looking in nature and were developed by management in good faith and, accordingly, are subject to risks and uncertainties regarding Snap-on's expected results that could cause (and in some cases have caused) actual results to differ materially from those described or contemplated in any forward-looking statement. Factors that may cause the company's actual results to differ materially from those contained in the forward-looking statements include those found in the company's reports filed with the Securities and Exchange Commission, including the information under the "Safe Harbor" and "Risk Factors" headings in its Annual Report on Form 10-K for the fiscal year ended January 3, 2026, which are incorporated herein by reference. Snap-on disclaims any responsibility to update any forward-looking statement provided in this news release, except as required by law.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260609447019r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260609447019/en/" rel="nofollow">https://www.businesswire.com/news/home/20260609447019/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">For additional information, please visit </i><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.snapon.com&amp;esheet=54550769&amp;newsitemid=20260609447019&amp;lan=en-US&amp;anchor=www.snapon.com&amp;index=1&amp;md5=332bb1e15c498bbfdad1a81329933334" shape="rect">www.snapon.com</a><i xmlns="http://www.w3.org/1999/xhtml"> or contact: 
</i><br xmlns="http://www.w3.org/1999/xhtml"></br>Investors:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Sara Verbsky
<br xmlns="http://www.w3.org/1999/xhtml"></br>262/656-4869

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Samuel Bottum
<br xmlns="http://www.w3.org/1999/xhtml"></br>262/656-5793

</p>

Snap-on Acquires Diesel Laptops

Snap-on expands heavy-duty diagnostics with $100 million Diesel Laptops acquisition

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Expands Diagnostics and Repair Information Capabilities in Heavy-Duty and Equipment Markets


Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics,</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Snap-on announced it acquired Diesel Laptops for about $100 million in cash on June 8, 2026, expanding its diagnostics and repair-information capabilities in heavy-duty markets. The deal adds diagnostics and digital solutions for commercial trucks and off-highway machinery and will be integrated into Snap-on&#039;s Repair Systems &amp; Information Group, potentially boosting data-driven services and cross-selling to existing customers.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Snap-on buys Diesel Laptops for about $100 million cash. Close date June 8, 2026; expands heavy-duty diagnostics.</li><li>Diesel Laptops provides diagnostics, repair information, and digital solutions for heavy-duty equipment. Will join Snap-on&#039;s Repair Systems &amp; Information Group.</li><li>2025 sales were $4.7 billion; Snap-on is an S&amp;P 500 company. Expansion in diagnostics could broaden offerings.</li><li>Forward-looking statements accompany the release; integration risks remain.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Snap-on Incorporated (SNA)</strong>: Acquired Diesel Laptops; potential near-term uplift to diagnostics and data offerings; integration risk.</li><li><strong>Diesel Laptops, LLC (N/A)</strong>: Private company; provides heavy-duty diagnostics and digital repair information; integration into SNA may take time.</li></ul>
  </section>

  <section data-block="category">
    <h3>M&amp;A</h3>
    <p>Category: M&amp;A. The deal represents a strategic expansion into HD diagnostics and data services, aligning with Snap-on&#039;s services growth and potential cross-sell opportunities across its Repair Systems &amp; Information Group.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Expansion into heavy-duty diagnostics may lift Snap-on&#039;s service-revenue mix.</li><li>Cash outlay (~$100 million) is a modest investment for SNA&#039;s scale.</li><li>Diesel Laptops adds data and diagnostic capabilities to Snap-on&#039;s Repair Systems &amp; Information Group.</li><li>Heavy-duty fleet maintenance cycles and infrastructure spend could drive demand for diagnostics.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Acquisition announced: June 8, 2026; cash consideration approximately $100 million.</li><li>Seller: Diesel Laptops, LLC; based in Irmo, South Carolina.</li><li>Business focus: diagnostics, repair information, and digital solutions for commercial trucks and off-highway equipment.</li><li>Org structure: to join Snap-on&#039;s Repair Systems &amp; Information Group.</li><li>Snap-on 2025 sales: $4.7 billion; headquartered in Kenosha, Wisconsin.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term upside from cross-selling diagnostics services, with longer-term growth from expanded HD market coverage.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Expands Diagnostics and Repair Information Capabilities </i><i xmlns="http://www.w3.org/1999/xhtml">in Heavy-Duty and Equipment Markets</i></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Snap-on Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SNA">SNA</a>), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks, today announced that it acquired Diesel Laptops, LLC ("Diesel Laptops") for approximately $100 million in cash on June 8, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Based in Irmo, South Carolina, Diesel Laptops specializes in diagnostics, repair information, and digital solutions for commercial trucks and off-highway vehicles serving heavy-duty repair shops, fleets, and other equipment customers such as those in mining, agriculture, and infrastructure. The acquisition expands Snap-on's capabilities in these growing markets and further strengthens the corporation's library of proprietary experienced-based data, as well as its product offerings to support the diagnosis and repair of increasingly complex vehicles and equipment. Diesel Laptops will be part of the company's Repair Systems &amp; Information Group.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">About Snap-on</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company's network of widely recognized franchisee vans, as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on, an S&amp;P 500 company, generated sales of $4.7 billion in 2025, and is headquartered in Kenosha, Wisconsin.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">Forward-looking Statements</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Statements in this news release that are not historical facts, including statements that (i) are in the future tense; (ii) include the words "expects," "anticipates," "intends," "approximates," or similar words that reference Snap-on or its management; (iii) are specifically identified as forward-looking; or (iv) describe Snap-on's or management's future outlook, plans, estimates, objectives or goals, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Snap-on cautions the reader that this news release may contain statements, including earnings projections, that are forward-looking in nature and were developed by management in good faith and, accordingly, are subject to risks and uncertainties regarding Snap-on's expected results that could cause (and in some cases have caused) actual results to differ materially from those described or contemplated in any forward-looking statement. Factors that may cause the company's actual results to differ materially from those contained in the forward-looking statements include those found in the company's reports filed with the Securities and Exchange Commission, including the information under the "Safe Harbor" and "Risk Factors" headings in its Annual Report on Form 10-K for the fiscal year ended January 3, 2026, which are incorporated herein by reference. Snap-on disclaims any responsibility to update any forward-looking statement provided in this news release, except as required by law.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260609447019r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260609447019/en/" rel="nofollow">https://www.businesswire.com/news/home/20260609447019/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">For additional information, please visit </i><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.snapon.com&amp;esheet=54550769&amp;newsitemid=20260609447019&amp;lan=en-US&amp;anchor=www.snapon.com&amp;index=1&amp;md5=332bb1e15c498bbfdad1a81329933334" shape="rect">www.snapon.com</a><i xmlns="http://www.w3.org/1999/xhtml"> or contact: 
</i><br xmlns="http://www.w3.org/1999/xhtml"></br>Investors:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Sara Verbsky
<br xmlns="http://www.w3.org/1999/xhtml"></br>262/656-4869

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Samuel Bottum
<br xmlns="http://www.w3.org/1999/xhtml"></br>262/656-5793

</p>

Snap-on announced it acquired Diesel Laptops for about $100 million in cash on June 8, 2026, expanding its diagnostics and repair-information capabilities in heavy-duty markets. The deal adds diagnostics and digital solutions for commercial trucks and off-highway machinery and will be integrated into Snap-on's Repair Systems & Information Group, potentially boosting data-driven services and cross-selling to existing customers.

Snap-on Acquires Diesel Laptops

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

M&A

Related News