Billy Goat Industries, a Lee’s Summit-based manufacturer of specialty turf equipment, was acquired by Briggs & Stratton for about $26 million.
The family-owned business, with about 100 employees, builds
- professional-grade mowers
- aerators
- sod cutters
- power rakes
- other equipment for turf and property maintenance
The company’s annual net sales is about $30 million.
Billy Goat, founded in 1967, operated in Lee’s Summit for more than four decades. In late 2014, the company announced plans to move to Lone Jack. The move enables the company to consolidate its operations that are now in a series of buildings.
Milwaukee-based Briggs & Stratton is the world’s largest producer of gasoline engines for outdoor power equipment. Its products are sold in more than 100 countries.
“Billy Goat Industries helps us to further our strategic initiative of focusing on higher-margin commercial products,” said Todd Teske, chairman, president and chief executive of Briggs & Stratton.