Stanley Black and Decker Completes Acquisition of MTD Holdings and Excel Industries
Stanley Black and Decker Strengthens Portfolio with Acquisitions in Outdoor Power Equipment Industry Stanley Black and Decker (“SBD”) announced today that it has successfully completed the acquisition of both MTD Holdings Inc. (“MTD”) and Excel Industries (“Excel”). Both MTD and Excel are industry leaders in the $25 billion+ outdoor power equipment market, and Stanley Black […]
Stanley Black and Decker Buys 20 Percent of MTD Shares
The hot news coming down the pipe today revolves around the announcement that Stanley Black and Decker has bought 20 percent of MTD shares for $234 million in cash. Under the terms of the new agreement, SBD has the option to purchase the remaining 80 percent on July 1, 2021. [adsenseyu1] Stanley Black and Decker, […]