Stanley Black & Decker completes acquisitions of MTD, Excel

Stanley Black & Decker completes acquisitions of MTD, Excel Industries

New Britain-based tools and hardware manufacturer Stanley Black & Decker has wrapped up its acquisitions of lawnmower maker MTD and turf care equipment firm Excel Industries.

In a statement, Stanley CEO James M. Loree said the buyouts will bring around 8,100 MTD and Excel employees into the company and add more than 2,500 independent equipment dealer outlets to its network.

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