DR Power Equipment, a division of Generac Holdings Inc., announced this week the closing of a purchase agreement to acquire the assets of Mean Green Products, the maker of commercial, battery-powered turfcare equipment, headquartered in Ross, Ohio.
In the UK, the Mean Green range is distributed by Overton (UK) Ltd, whilst DR Power Equipment is distributed by AL-KO Gardentech.
Joe Conrad, president and owner of Mean Green Products, pictured at 2019's GIE+EXPO
TurfPro heard from Guy Overton, director of Overton, last week who told us that he and his brother Richard had spoken to Joe Conrad, president and owner of Mean Green Products, who had confirmed and reassured them that nothing will change regarding their distribution agreement for the UK and Ireland.
"After speaking with Joe we are looking forward to new electric mowers to come, now they have the investment," Guy told TurfPro. "Hopefully we will be able to exhibit them at SALTEX next year,"
Matt Bieber, president of DR Power Equipment, said, “Entering the commercial turf care category has been a target of ours for years, but we wanted to do it in an innovative and differentiated way. The improvements in battery technology have now enabled the electrification of large commercial turf care products and Mean Green is leading the way.
"We have watched the Mean Green team grow and develop new products and technologies, which led us to proactively pursue them to become part of our portfolio. Mean Green products will supplement our expanding battery-powered, chore products line up and support our goals to integrate and develop new battery-powered solutions.”
Joe Conrad, president and owner of Mean Green Products said, “We are extremely excited for the opportunity to further expand on our vision to provide consumers with meaningful battery powered equipment.
"The DR Power and Generac teams are an excellent fit for our company and our employees."
The acquisition closed on September 1. Terms of the deal were not disclosed.