TEC acquires BlueBird International

Under the terms of the agreement, which closed on December 5, TEC International will continue to produce Husqvarna branded specialty turf equipment.

"The
decision to sell Bluebird International is part of the Husqvarna
Group's strategic plan, a strategy that seeks to reduce operational
complexity, improve efficiency and give additional focus to our end
customers (consumers and professionals) and our core brands," said Jeff
Dewosky, vice-president and general manager of North America for Husqvarna.

"The
acquisition of BlueBird International complements our existing product
lineup with an established line of turf equipment. We look forward to
further developing this well established brand and giving our customers a
wider range of product offerings," said Nick Salvatore, executive vice-president and Chief Operating Officer of TEC International.

BlueBird
products will continue to be sold through distributors, dealers and
rental organizations, and all impacted partners have been notified of
the change.

For more information
http://www.husqvarna.com
http://tecinternational.com/
http://www.bluebirdintl.com/