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In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] In late 2006, Generac was purchased by CCMP Capital of New York ...
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In 2000, [4] the company acquired its consumer generator business from the Beacon Group and formed Briggs & Stratton Power Products. The Beacon Group had previously purchased the Consumer Products Division of Generac Corporation (now Generac Power Systems ) in 1998.
Generac Holdings Inc. (NYSE: GNRC) is seeing interest in its shares yet again. The company has been a keen beneficiary of the trends for generator demand due to Hurricane Sandy knocking out much ...
Nov. 1—Generac Power Systems Inc. is planning to expand the size of its manufacturing, assembly and distribution facility in Trenton, according to a news release issued Monday. The company ...
Tecumseh Power sold off its Peerless transmissions business to McDermott Outdoor Products. [12] On February 10, 2009, Platinum Equity LLC announced that Tecumseh Power Company had sold certain assets of its engine business to Certified Parts Corporation. This included the sale of existing and unfinished engine parts inventory, tools to make ...
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