February 8, 2022

SB&D acquires MTD and Excel

Stanley Black & Decker completed the acquisition of MTD Holdings and Excel Industries. The purchase price for the two transactions totaled $1.9 billion USD.

Headquartered in Valley City, Ohio, the MTD family of brands includes Cub Cadet, Troy-Bilt, Robomow, Rover, and WOLF-Garten.Based in Hesston, Kan., Excel is a designer and manufacturer of commercial and residential turf equipment under the distinct brands of Hustler Turf Equipment (Hustler) and BigDog Mower Co. (BigDog). Based in New Britain, Conn., Stanley Black & Decker operates the world’s largest tools and storage business featuring brands such as Dewalt, Stanley, Black+Decker and Craftsman.