Stanley Black & Decker Agrees to Sell Excel Industries to Bad Boy Mowers
Stanley Black & Decker has entered into a definitive agreement to sell its Excel Industries unit to Bad Boy Mowers. The transaction is part of the company's strategy to focus on its largest brands.
NEW BRITAIN, Conn. – Stanley Black & Decker (NYSE: SWK) announced on September 4, 2026, that it has signed a definitive agreement to sell Excel Industries, a manufacturer of riding mowers and tractors, to Bad Boy Mowers.
The transaction is expected to further refine the company's portfolio, allowing Stanley Black & Decker to concentrate resources on growing its core brands and businesses. The company has pursued divestitures in recent years to streamline its operations.
Stanley Black & Decker aims to enhance profitability and market position by focusing on its primary business segments. This sale aligns with that strategic objective.
Financial terms of the agreement were not disclosed. Bad Boy Mowers is a U.S.-based company producing a range of mowing equipment and riding lawn tractors.