Stanley Black & Decker To Acquire Excel Industries

Stanley Black & Decker plans to acquire Excel Industries, a designer and manufacturer of commercial and residential turf care equipment under the brands of Hustler Turf Equipment and BigDog Mower Co. Based out of Hesston, KS, Excel serves approximately 1,400 active independent equipment dealer outlets that stock, sell, and service Hustler and BigDog products in the U.S. and Canada. Stanley Black & Decker says the transaction will be a strategically important bolt-on acquisition as it builds its outdoor products business.