Ryobi is owned by Techtronic Industries Company Limited (TTI). TTI acquired Ryobi Limited's North American power tools business in 2000, the European power tools business in 2001, and other subsidiaries in the following years. Ryobi power tools and outdoor equipment are brands used by TTI under license from Ryobi Limited, which remains a separate Japanese company manufacturing various products. TTI also owns other brands like Milwaukee and licenses the Ryobi name for power tools. Home Depot is the primary distributor of Ryobi tools in the United States due to an exclusive agreement with TTI, but it does not own Ryobi.