M&A Deal Summary

Husqvarna Acquires Wacker Neuson SE - Concrete Power Trowel Business

On October 4, 2019, Husqvarna acquired machinery company Wacker Neuson SE - Concrete Power Trowel Business from Wacker Neuson

Acquisition Highlights
  • This is Husqvarna’s 9th transaction in the Machinery sector.
  • This is Husqvarna’s 2nd transaction in Germany.

M&A Deal Summary
Date 2019-10-04
Target Wacker Neuson SE - Concrete Power Trowel Business
Sector Machinery
Buyer(s) Husqvarna
Sellers(s) Wacker Neuson
Deal Type Divestiture

Target

Wacker Neuson SE - Concrete Power Trowel Business

Munich, Germany
Wacker Neuson SE's Concrete Power Trowel Business includes the product, R&D and manufacturing assets relating to walk-behind and ride-on concrete power trowels.

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Buyer(S) 1

Buyer

Husqvarna

Stockholm, Sweden
Category Company
Founded 1689
Sector Machinery
Employees13,963
Revenue 53.3B SEK (2023)
DESCRIPTION

Husqvarna is a producer of outdoor power products including robotic mowers, garden tractors, chainsaws and trimmers. Husqvarna also produces consumer watering products as well as cutting equipment and diamond tools for the construction and stone industries. Husqvarna was founded in 1689 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 13 of 16
Sector (Machinery) 9 of 10
Type (Divestiture) 2 of 2
Country (Germany) 2 of 2
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 Mowbot

Durham, North Carolina, United States

Mowbot, Inc. provides a franchise platform for robotic lawn care services for residential and commercial customers. Mowbot, Inc. was founded in 2017 and is based in Durham, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 Blastrac

Oklahoma City, Oklahoma, United States

Blastrac product portfolio includes includes high-quality and efficient solutions for shot blasting, scarifying, scraping, grinding & polishing and dust collection. Blastrac is based in Oklahoma City, Oklahoma.

Buy -

Seller(S) 1

SELLER

Wacker Neuson

Munich, Germany
Category Company
Founded 1848
Sector Machinery
Employees6,579
Revenue 2.7B EUR (2023)
DESCRIPTION

The Wacker Neuson Group is an international family of companies and a manufacturer of light and compact equipment with over 50 affiliates and 140 sales and service stations. The Group offers its customers a broad portfolio of products, a wide range of services and an efficient spare parts service. The product brands Wacker Neuson, Kramer and Weidemann belong to the Wacker Neuson Group. Wacker Neuson is the partner of choice among professional users in construction, gardening, landscaping and agriculture, as well as among municipal bodies and companies in industries such as recycling, energy and rail transport. Wacker Neuson was founded in 1848 and is based in Munich, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-13 Neuson Kramer Baumaschinen AG

Linz, Austria

Neuson Kramer Baumaschinen AG is a producer of mini and compact excavators, wheel loaders, dumpers, telescopic loaders and compact loaders.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-14 Enar

Zaragoza, Spain

Enar is a manufacturer of light construction equipment specialized in concrete compaction. Enar manufactures its products in the Spanish city of Zaragoza and employs around 130 people.

Buy -
Mergr

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