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

Stanley Black & Decker announced a definitive agreement to sell its Excel Industries business to Bad Boy Mowers. Excel makes professional-grade gas-powered ride-on and zero-turn mowers under the Hustler brand.

EXCELINDUSSWK

WASHINGTON (dpa-AFX) - Stanley Black & Decker (SWK) announced a definitive agreement to sell its Excel Industries business to Bad Boy Mowers.Excel, primarily comprising professional-grade, gas-powered ride-on and zero-turn mowers sold under the Hustler brand, is expected to generate approximately…