M&A Deal Summary

Husqvarna Acquires Blastrac

On November 24, 2020, Husqvarna acquired machinery company Blastrac

Acquisition Highlights
  • This is Husqvarna’s 10th transaction in the Machinery sector.
  • This is Husqvarna’s 8th transaction in the United States.
  • This is Husqvarna’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2020-11-24
Target Blastrac
Sector Machinery
Buyer(s) Husqvarna
Deal Type Add-on Acquisition

Target

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.

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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 14 of 16
Sector (Machinery) 10 of 10
Type (Add-on Acquisition) 12 of 14
State (Oklahoma) 1 of 1
Country (United States) 8 of 9
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-04 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-15 Mowbot

Durham, North Carolina, United States

Mowbot, a robotic lawn care franchise business with 16 locations throughout the U.S. The company provides high-quality and environmentally friendly robotic lawn care services for residential and commercial customers. Mowbot is based in Durham, North Carolina.

Sell -