M&A Deal Summary

Stanley Black & Decker Acquires MTD Products

On August 17, 2021, Stanley Black & Decker acquired manufacturer MTD Products for 1.6B USD

Acquisition Highlights
  • This is Stanley Black & Decker’s 7th transaction in the Manufacturing sector.
  • This is Stanley Black & Decker’s 3rd largest (disclosed) transaction.
  • This is Stanley Black & Decker’s 19th transaction in the United States.
  • This is Stanley Black & Decker’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2021-08-17
Target MTD Products
Sector Manufacturing
Buyer(s) Stanley Black & Decker
Deal Type Add-on Acquisition
Deal Value 1.6B USD

Target

MTD Products

Valley City, Ohio, United States
MTD Products is a manufacturer of mowers, snowblowers, trimmers, and outdoor power equipment for both residential and commercial markets. MTD Products was founded in 1932 and is headquartered in Valley City, Ohio.

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Buyer(S) 1

Buyer

Stanley Black & Decker

New Britain, Connecticut, United States

Category Company
Founded 1843
Sector Diversified
Employees53,000
Revenue 14.5B USD (2020)
DESCRIPTION
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.

Stanley Black & Decker is a diversified global producer of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems, infrastructure solutions and more. Stanley Black & Decker dates back to 1843 and is based in New Britain, Connecticut.


DEAL STATS #
Overall 26 of 27
Sector (Manufacturing) 7 of 7
Type (Add-on Acquisition) 20 of 21
State (Ohio) 2 of 2
Country (United States) 19 of 20
Year (2021) 1 of 2
Size (of disclosed) 3 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-29 CAM

Fullerton, California, United States

CAM is a group of manufacturers supplying components principally to the aerospace industry. CAM's products include fasteners, fittings, couplings, latches, quick release pins, tubing subassemblies and other complex components and assembled products. CAM was formed in 2012 and is based in Fullerton, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Excel Industries

Hesston, Kansas, United States

Excel Industries is a designer and manufacturer of premium commercial and residential turf-care equipment under the distinct brands of Hustler Turf Equipment (Hustler) and BigDog Mower Co. (BigDog). Excel Industries was founded in 1964 and is based in Hesston, Kansas.

Buy $375M