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Stanley Black & Decker agrees to sell Excel Industries to Bad Boy

Stanley Black & Decker agreed to sell its Excel Industries turf-care equipment business to Bad Boy Mowers. Financial terms were not disclosed, and the company said the move would focus its portfolio on its biggest brands.

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Stanley Black & Decker agreed to sell its Excel Industries turf-care equipment business to Bad Boy Mowers. The company said Friday the deal, for which financial terms were not disclosed, would further focus its portfolio on its biggest brands. “The sale of Excel further refines our portfolio…”

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