TTI does a similar practice for Ridgid - it’s rebranded AEG, their European line. TTI has the rights to the Ryobi name for consumer use. The real Ryobi is a major robot maker in Japan, not as big as Fanuc or Kawasaki there but still a player.Back when I worked for Black and Decker, (over 20 years ago), at a DeWalt manufacturing plant (before it closed down), B&D were making store brand power tools also, such as Craftsman and some european brand. Basically same DeWalt tool in a different shell.