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.
By Elias SchisgallStanley Black & Decker agreed to sell its Excel Industries turf-care equipment business to Bad Boy Mowers.The company said Friday that the deal, whose financial terms weren't disclosed, would focus its portfolio on its biggest brands."The sale of Excel further refines our portfoli…