M&A Deal Summary

MTD Products Acquires CORE Outdoor Power

On January 28, 2015, MTD Products acquired electrical equipment company CORE Outdoor Power

Acquisition Highlights
  • This is MTD Products’ 1st transaction in the Electrical Equipment sector.
  • This is MTD Products’ 3rd transaction in the United States.
  • This is MTD Products’ 1st transaction in Montana.

M&A Deal Summary
Date 2015-01-28
Target CORE Outdoor Power
Sector Electrical Equipment
Buyer(s) MTD Products
Deal Type Add-on Acquisition

Target

CORE Outdoor Power

Polson, Montana, United States
CORE Outdoor Power is a company that powers outdoor lawn care equipment with gasless motor technology that produces higher torque and increased efficiencies than traditional electric motors.

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Buyer(S) 1

Buyer

MTD Products

Valley City, Ohio, United States
Category Company
Founded 1932
Sector Manufacturing
DESCRIPTION

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.

DEAL STATS #
Overall 3 of 3
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Montana) 1 of 1
Country (United States) 3 of 3
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-28 Precise Path Robotics

Indianapolis, Indiana, United States

Precise Path Robotics is a provider of advanced robotic outdoor equipment, with patented technologies that will enable the development of a wide range of robots for use in a variety of outdoor environments, including golf courses, sports fields and residential homes. Precise Path's robust and modular system architecture integrates a variety of custom and off-the-shelf sensor technologies that are combined in a unique way that produces precise cutting patterns.

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