M&A Deal Summary

Stanley Black & Decker Acquires Excel Industries

On September 13, 2021, Stanley Black & Decker acquired machinery company Excel Industries for 375M USD

Acquisition Highlights
  • This is Stanley Black & Decker’s 4th transaction in the Machinery sector.
  • This is Stanley Black & Decker’s 11th largest (disclosed) transaction.
  • This is Stanley Black & Decker’s 20th transaction in the United States.
  • This is Stanley Black & Decker’s 1st transaction in Kansas.

M&A Deal Summary
Date 2021-09-13
Target Excel Industries
Sector Machinery
Buyer(s) Stanley Black & Decker
Deal Type Add-on Acquisition
Deal Value 375M USD

Target

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.

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Buyer(S) 1

Buyer

Stanley Black & Decker

New Britain, Connecticut, United States
Category Company
Founded 1843
Sector Diversified
Employees50,000
Revenue 15.8B USD (2023)
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 was founded in 1843 and is based in New Britain, Connecticut.

DEAL STATS #
Overall 27 of 27
Sector (Machinery) 4 of 4
Type (Add-on Acquisition) 21 of 21
State (Kansas) 1 of 1
Country (United States) 20 of 20
Year (2021) 2 of 2
Size (of disclosed) 11 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 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.

Buy $1.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 Stanley Black & Decker s Security Business

New Britain, Connecticut, United States

Stanley Black & Decker's Security Business comprises commercial electronic and healthcare security business lines that provide electronic security solutions with operations in 12 markets globally.

Sell $3.2B
Mergr

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