Briggs & Stratton acquires Billy Goat Industries

By Steve Ducker21 May 2015

Briggs, a leading engine producer, is targeting the rental sector through subsidiaries.

Briggs, a leading engine producer, is targeting the rental sector through subsidiaries.

US-based Briggs & Stratton Corporation has acquired Billy Goat Industries, a leading manufacturer of speciality turf equipment including aerators, overseeders, power rakes, brush cutters, walk behind blowers and debris loaders.

Billy Goat has annual net sales of approximately $30 million (€27 million). Briggs & Stratton has acquired all the outstanding shares of Billy Goat for approximately $26 million in cash (€23.3 million), subject to customary post-closing working capital adjustments.

Harold L Redman, Briggs & Stratton vice president and president of its turf and consumer products business, said: “The products complement our already strong commercial turf brands, add speciality lines with market leading innovation and further increase our market access to the rental channel.”

Todd J Teske, chairman, president and chief executive officer of Briggs & Stratton Corporation, added: “Billy Goat Industries helps us to further our strategic initiative of focusing on higher margin commercial products.

“We welcome the management team and the employees of Billy Goat to our team, and look forward to building upon the strong foundation that has made them a strong and successful company.”

Briggs & Stratton Corporation, headquartered in Milwaukee, Wisconsin, is the world's largest producer of petrol engines for outdoor power equipment. Its wholly owned subsidiaries include North America's number one marketer of portable generators, pressure washers and turf care products.

Latest News
Arup JV to design Scandinavia’s longest suspension bridge
British engineering firm to work with Norwegian teams on 2km Julsundet crossing
How construction can win the war for talent
A clear message from the industry is the lack of skilled workers - a solution can be found in one half of the population that’s not well represented
More project success for South African contractor
Phoenecian Group completes major demolition project for Durban retailer Mass Discounters