TOWN OF GENESEE - Generac Holdings Inc. has acquired
Vermont-based Country Home Products, Inc., the maker of such brands
as DR and Neuton property maintenance products.
The acquisition of Country Home Products, Inc and its
subsidiaries was effective Saturday.
Founded in 1985 and headquartered in Vergennes, Vt.,
Country Home Products is a leading manufacturer of high-quality,
innovative, professional-grade engine-powered equipment used in
various property maintenance applications. The company employs more
than 200 people across its headquarters and two other facilities
located in Vermont.
“Acquiring Country Home Products is a great strategic
fit for Generac’s business and is perfectly aligned with our
Powering Ahead strategic objective of diversifying our end markets
with new products and services,” said Aaron Jagdfeld, president and
chief executive officer, in a statement.
Country Home Products’ management team will continue
to lead the business going forward, and the DR and Neuton brand
names will join Generac’s family of brands in serving a broad,
global customer base.
The purchase price and other terms of the acquisition
were not announced.