Stanley Black & Decker Completes Acquisitions

Stanley Black & Decker has completed the acquisition of two outdoor power equipment companies. It has purchased the remaining 80 per cent ownership stake in MTD Holdings Inc. and acquired Excel Industries. These transactions will help establish Stanley Black & Decker’s position in outdoor products and complement the company's position as a provider of cordless electric outdoor power equipment. MTD’s brands include Cub Cadet, Troy-Bilt, and Robomow, and Excel’s brands include Hustler Turf Equipment and BigDog Mower.