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TURF PRO AND SERVICE DEALER
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DECEMBER 2012 / JANUARY 2013
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DUTCH MASTERS: Imants and Vredo
SERVICING: Getting the best out of your equipment
BTME HARROGATE, Preview of BIGGA turfcare show ALL TERRAIN VEHICLES: What's new? December / January issue of Turf Pro/Service Dealer is being published w/c 17 December
Briggs & Stratton Corp. said this week that its previously announced acquisition of a Brazilian company has closed.
Briggs paid $57 million in cash for the stock of Companhia Caetano Branco, adjusted for certain liabilities.
Branco, founded in 1936, makes outdoor power equipment used primarily in light commercial applications in Brazil and employs about 150 workers there.
Briggs said it financed the transaction from cash on hand. The acquisition is not expected to have a significant impact on sales or earnings in fiscal 2013, the company said.