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Stanley Black & Decker Acquires Excel Industries, LLC.

PUBLIC · SWKSep 04, 2026

Acquiring Company

Stanley Black & Decker

Acquired Company

Excel Industries

KansasManufacturing

Description

On September 4, 2026, Stanley Black & Decker, Inc. announced the execution of an Equity and Asset Purchase Agreement with Bad Boy Mowers JV Acquisition, LLC. This agreement involves the sale of Excel Industries, LLC and certain assets related to the HUSTLER® brand. The transaction awaits necessary regulatory approvals and customary closing conditions. This acquisition aims to enhance Stanley Black & Decker's portfolio in the outdoor power equipment market.

Company Information

Company

Stanley Black & Decker

About

Stanley Black & Decker, Inc., a global provider founded in 1843, specializes in hand tools, power tools, outdoor products, and engineered fastening solutions. With consolidated revenues of $15.1 billion in 2025, the company generates a significant portion of its earnings (62%) from the United States, while also serving European (16%), emerging markets (13%), and Canadian (4%) markets. Recently, Stanley Black & Decker has undergone significant portfolio restructuring through strategic divestitures, including the sale of its Convergent Security Solutions and Oil & Gas businesses, among others, to simplify operations. Additionally, the company executed a Global Cost Reduction Program aimed at achieving $2.0 billion in savings, which was surpassed with $2.1 billion realized by the end of 2025. Driven by a mission to become a world-class industrial company, the company focuses on activating brands with purpose, driving operational excellence, and fostering innovation.

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Frequently asked

Who acquired Excel Industries?

Excel Industries was acquired by Stanley Black & Decker. The deal was reported on September 4, 2026. Stanley Black & Decker, Inc., a global provider founded in 1843, specializes in hand tools, power tools, outdoor products, and engineered fastening solutions. Stanley Black & Decker is publicly traded (SWK).

When did Stanley Black & Decker acquire Excel Industries?

Stanley Black & Decker's acquisition of Excel Industries was reported on September 4, 2026. On September 4, 2026, Stanley Black & Decker, Inc. announced the execution of an Equity and Asset Purchase Agreement with Bad Boy Mowers JV Acquisition, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Excel Industries do?

Excel Industries is a leading designer and manufacturer of premium commercial and residential turf-care equipment under the Hustler brand. Known for its innovative products, Excel launched the first hydrostatic zero-turn mower in 1964. It is privately held, operating in Manufacturing, and is based in Kansas.

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