Good News from Allmand Brothers!
14 Aug 2014
A Letter from Roger Allmand ...
August 14, 2014
Ladies and Gentlemen:
In view of our vision of who we are striving to be as a company - An Excellent Sustainable Organization - we are announcing that we have signed a definitive agreement to affect the acquisition of Allmand Bros., Inc. by US based Briggs and Stratton Corporation. The transaction is expected to close in the next 30 days. A copy of the press release follows.
We believe that the combination of Allmand with Briggs & Stratton will provide even more opportunities for our employees, customers, suppliers, and our community. With a proven track record of operating successfully for over 100 years, we feel confident that Briggs & Stratton will be able to accelerate our presence globally.
Briggs & Stratton Corporation, headquartered in Milwaukee, Wisconsin, is the world's largest producer of gasoline engines for outdoor power equipment. Its wholly owned subsidiaries include North America's number one marketer of lawn and garden and turf care through its Simplicity©, Snapper©, SnapperPro©, Ferris©, Murray©, Branco©, and Victa© Brands. Briggs and Stratton products are designed, manufactured, marketed and serviced in over 100 countries on six continents. For additional information, please visit www.basco.com and www.briggsandstratton.com.
Our current management team will continue to oversee our business and we look forward to strengthening and growing our relationship with you, our valued friends.
(For the Allmand Family)
BRIGGS & STRATTON CORPORATION TO ACQUIRE ALLMAND BROS., INC.
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