No, Dewalt doesn't own Milwaukee. In fact, both companies are owned by different parent companies. Dewalt is under the umbrella of Stanley Black & Decker, who also owns Irwin Tools. Stanley Black & Decker is the owner of Dewalt and Techtronic Industries (TTI) is the owner of Milwaukee Tool.
There are no notable cross-over, partnership, or cooperation efforts between these companies. As we can see above, Milwaukee and DeWalt are two unique and independent entities. They have different founders and now operate under two parent companies. Around 1992, DeWalt launched its first collection of portable electrical tools and accessories, designed for the professional carpenter and residential contractor market.
The new DeWalt Atomic line of tools promises compactness and affordability, but it doesn't seem to be important enough to save weight. So, without a doubt, both DeWalt and Milwaukee represent some of the best innovations in the tool industry. If ever two companies fought over a single tool to master, it would be a matter of buying a DeWalt circular saw against Milwaukee. The first thing we'll say right from the start is that DeWalt and Milwaukee are quality, reputable companies that manufacture fine tools.
Power tools aside, Milwaukee and DeWalt also offer a long list of accessories, ranging from drill bits to measuring tapes and safety equipment. DeWalt includes a 3-year limited warranty for most cordless power tools with a 1-year free service contract and a 90-day money-back guarantee. Now, DeWalt seems to have caught up, and has even made some impressive moves with respect to its FlexVolt line of 60 V tools. Both DeWalt and Milwaukee offer a variety of different warranties, depending on each specific product (see DeWalt warranties and Milwaukee warranties).
DeWalt had lost its “solo position” as the best tool brand and allowed Milwaukee to compete for professional dominance. Finally, some select DeWalt pneumatic tools have a 7-year warranty with a 1-year service contract and a 3-day money-back guarantee. Milwaukee and DeWalt have an outstanding reputation in the construction industry; they are some of the most famous names, known for producing fantastic and innovative tools. As it turns out, DeWalt and Milwaukee share strikingly similar stories in terms of how they originated; both companies started in the early 1920s and both built their respective successes on revolutionary new tool designs, superb engineering, quality craftsmanship and marketing intelligent.
DeWalt is an American company that represents a global brand of power tools for the construction, manufacturing and carpentry industries. This means that if any DeWalt mechanical tool fails for any reason, the company will replace it even without proof of purchase. DeWalt did an incredible job in recognizing the brand, so good that almost any DIY enthusiast at home owns at least one of their tools.