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MTD Holdings. MTD Products is an American manufacturer of outdoor power equipment for the mass market. Headquartered in Valley City, Ohio, the company began in 1932 and is a wholly-owned subsidiary of Stanley Black & Decker. Prior to Stanley Black & Decker's acquisition in December 2021, MTD Products was a majority family-owned, private company.
Stanley Black & Decker (NYSE: SWK) today announced that it has successfully completed the acquisition of two leading companies in the growing outdoor power equipment industry, including purchasing the remaining 80 percent ownership stake in MTD Holdings Inc (“MTD”) and the acquisition of Excel Industries (“Excel”).
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Aug 17, 2021 · Stanley Black & Decker, a global industrial company, will acquire the remaining 80 percent stake in MTD Holdings, a maker of outdoor power equipment, for $1.6 billion in cash. The deal will create a global leader in the outdoor category, with strong brands, innovation and growth opportunities.
MTD Products is an American manufacturer of outdoor power equipment for the mass market. Headquartered in Valley City, Ohio, the company began in 1932 and is a wholly-owned subsidiary of Stanley Black & Decker. Prior to Stanley Black & Decker's acquisition in December 2021, MTD Products was a majority family-owned, private company.
Aug 17, 2021 · Stanley Black & Decker Inc. agreed to buy the remaining 80% of MTD Holdings Inc., the family-led maker of Cub Cadet and Troy-Bilt lawn tractors and power tools. The cash transaction will...
Stanley Black & Decker To Acqu... Topics. Share. August 17, 2021. Stanley Black & Decker today announced that it has agreed to acquire the remaining 80 percent ownership stake in MTD Holdings Inc. (“MTD”), a privately held global manufacturer of outdoor power equipment, including Cub Cadet ® and Troy-Bilt ®, for $1.6 billion in cash.
history. MTD's original founders, Theo Moll, Emil Jochum, and Erwin Gerhard, were entrepreneurs who set out from Germany to create jobs for themselves and others in America. They believed people were what made the difference and the business they would come to build in MTD was a gift from God. They believed in stewardship, integrity, respect ...
