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NOTABLE TRANSACTIONS: Industrial Growth

Master Power, Inc.
Cooper

Master Power, Inc.
Westminster, MD
October 1996

Bengur Bryan advised Master Power on its sale to Cooper Industries, Inc. Bengur Bryan identified Cooper Industries as a strategic acquirer of Master Power that could provide the resources to Master Power to continue its growth and plus meet the financial goals of the Master Power’s shareholders.

Master Power manufactures and distributes a broad line of high quality, hand-held pneumatic tools as well as related accessories and parts for specialty industrial use, both in the U.S. and for export. The Master Power trade name is recognized for the superior quality and reliability of its products and is particularly well known for its high quality line of screwdrivers and abrasive tools. Key markets served by Master Power are manufacturers in the furniture, mobile home, recreational vehicle, woodworking, ship and boat building, fabricated metal and automotive industries.

Cooper Industries, Inc. (NYSE: CBE) is a Houston-based, $6.5 billion market value global manufacturer of electrical products; tools and hardware; and automotive products.