M&A Deal Summary

Briggs & Stratton Acquires Premier Power Equipments & Products Pvt.

On November 2, 2011, Briggs & Stratton acquired machinery company Premier Power Equipments & Products Pvt. for 3M USD

Acquisition Highlights
  • This is Briggs & Stratton’s 1st transaction in the Machinery sector.
  • This is Briggs & Stratton’s 4th largest (disclosed) transaction.
  • This is Briggs & Stratton’s 1st transaction in India.

M&A Deal Summary

Date 2011-11-02
Target Premier Power Equipments & Products Pvt.
Sector Machinery
Buyer(s) Briggs & Stratton
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Premier Power Equipments & Products Pvt.

Coimbatore, India
Premier Power Equipments & Products Pvt. Ltd. is a designer, manufacturer and marketer of tillers, weeders, harvesters, transplanters, pumps and portable generators used primarily in agricultural applications throughout India.

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Buyer(S) 1

Buyer

Briggs & Stratton

Wauwatosa, Wisconsin, United States

Category Company
Founded 1908
Sector Machinery
Revenue 1.8B USD (2019)
DESCRIPTION
Briggs & Stratton office in Wauwatosa, Wisconsin.
Briggs & Stratton office in Wauwatosa, Wisconsin.

Briggs & Stratton is a producer of gasoline engines for outdoor power equipment, and is a designer, manufacturer and marketer of power generation, pressure washer, lawn and garden, turf care and job site products through its Briggs & Stratton, Simplicity, Snapper, Ferris, Vanguard, Allmand, Billy Goat, Murray, Branco, and Victa brands. Briggs & Stratton products are designed, manufactured, marketed, and serviced in over 100 countries on six continents. Briggs & Stratton was formed in 1908 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 1 of 6
Sector: Machinery M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 6
Country: India M&A 1 of 1
Year: 2011 M&A 1 of 1
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-06 Companhia Caetano Branco

Curitiba, Brazil

Branco is a brand in the Brazilian light power equipment market with a broad range of outdoor power equipment used primarily in light commercial applications in Brazil. Its products including generators, water pumps, and light construction equipment are sold through its independent network of over 1200 dealers throughout Brazil.

Buy $60M