Steve Andrews assumed the position of Briggs & Stratton's President and CEO just over a month ago after most recently serving as CEO of International Equipment Solutions LLC. While still new to the role, he reflects on early observations and reinforces a strong, promising future for Briggs & Stratton.
In a filing with the bankruptcy court on Sept. 14, Briggs said the sale to New York City private equity firm KPS Capital Partners isn’t completed by Sept. 27, the deal among Briggs, KPS Capital and Briggs creditors will become null and void.
The unsecured creditors committee, who had vowed oppose Briggs & Stratton’s plan for a fast-track Chapter 11 sale to private equity firm KPS Capital did not file an objection to the transaction by the Sept. 10 deadline.
Yanmar America is the North American headquarters of Yanmar Holdings. Ranked #1 in Product
Quality for five years in a row by the Equipment Dealers Association, Yanmar provides innovative
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Yanmar was the world’s first manufacturer to develop a practical small diesel engine in 1933 and
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equipment, Yanmar's products are sold in over 130 countries.
At Yanmar America, we are committed to providing our customers with the highest quality products
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Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.