MILWAUKEE — Briggs & Stratton
Corporation announced Wednesday that it has acquired a
manufacturer of specialty turf equipment in Missouri called
Billy Goat Industries, Inc.
Billy Goat has annual net sales of approximately $30 million.
Briggs & Stratton acquired all of the outstanding shares of
Billy Goat for approximately $26 million in cash, subject to
customary post-closing working capital adjustments, according to
Based in Lee’s Summit, Mo., Bill Goat was incorporated in 1969
and makes such turf equipment as aerators, sod cutters,
overseeders, power rakes, brush cutters, walk behind blowers,
lawn vacuums, and debris loaders.
“Billy Goat’s products complement Briggs & Stratton’s already
strong commercial turf brands, add specialty lines with market
leading innovation, and further increase Briggs’ market access
to the rental channel,” said Harold L. Redman, senior vice
president and president or Turf and Consumer Products, in a