While in theory Harbor Freight Tools could own shares in Snap-on Incorporated, that’s not what would be implied by “Snap-on is owned by Harbor Freight.” I could not find any known, acknowledged, or suspected connections between the two companies.
Harbor Freight is a privately-owned company. In other words, individuals and institutions hold shares of the company in the same way as with other publicly-traded brands such as Coca Cola, Apple, Home Depot, and Stanley Black & Decker. Snap-on is a part of Snap-on Incorporated, which is a publicly-traded company with symbol SNA. To my knowledge, NO, Snap-on is NOT in any way, shape, or form owned by Harbor Freight Tools. I’ve had a few guys get on the truck in recent weeks and say “Snap-on is owned by harbor freight,” but I can’t seem to find anything about ties connecting these two companies.
Hello, I am an assistant to a Snap-on mobile dealer.
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