# Stanley Black & Decker acquires remaining 80% of MTD for $1.6B

Stanley Black & Decker announced it will purchase the remaining 80% of MTD for $1.6 billion. MTD designs and manufactures outdoor power equipment under brands including Cub Cadet, Troy-Bilt, Robomow, Wolf-Garten, and Rover, and has 7,500 employees.

- Type: Acquisition
- Announced: 2021-08-25
- Where: United States
- Value: $1.60B
- Jobs: 7,500
- Status: announced
- Products: lawn tractors, zero turn mowers, walk behind mowers, snow blowers, robotic mowers, handheld outdoor power equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Stanley Black & Decker](https://endata.com/companies/17790.md) (acquirer)
- [MTD](https://endata.com/companies/57329.md) (target)

## Sources

- [toolguyd.com](https://toolguyd.com/stanley-black-decker-mtd-acquisition/), 2021-08-26: "Stanley Black & Decker has announced that they will indeed be purchasing the remainder of MTD for $1.6 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.