Stanley Black & Decker Announces Agreement to Sell Excel Industries to Bad Boy Mowers

Stanley Black & Decker Announces Agreement to Sell Excel Industries to Bad Boy Mowers

Transaction Further Refines the Company’s Portfolio to Focus on Growing Its Biggest Brands and Businesses   NEW BRITAIN, Conn., Sept. 4, 2026 /PRNewswire/ — Stanley Black & Decker (NYSE: SWK) today announced that it has entered into a definitive agreement to sell its Excel Industries (“Excel”) business to Bad Boy Mowers. Excel, which is primarily made up …

Stanley Black & Decker to Sell Excel Industries to Bad Boy Mowers

Stanley Black & Decker announced on Friday that it has entered into a definitive agreement to sell its Excel Industries business to Bad Boy Mowers. The transaction marks a strategic shift for the New Britain-based tool manufacturer as it moves to refine its corporate portfolio and concentrate resources on its primary brands and core business operations. The company confirmed the agreement in a statement released on September 4, 2026. By divestin…