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has acquired the BOB-CAT Mowers, Steiner and Ryan brands of

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Doosan Bobcat is a leading provider of compact equipment, grounds maintenance equipment, industrial vehicle and portable power products.

a tractor on a field

Doosan Bobcat

Type

M&A Buy-Side

Description

Doosan Bobcat, a leading global manufacturer of construction, agriculture, and landscaping equipment, engaged Croft & Bender to assist in achieving its goal of becoming a global leader in compact equipment and grounds maintenance. Croft & Bender identified potential targets, conducted valuations, performed due diligence, and negotiated the successful acquisition of Schiller Grounds Care's BOB-CAT Mowers, Steiner, and Ryan brands.

Industries

Industrial
text, logo

has acquired the BOB-CAT Mowers, Steiner and Ryan brands of

logo

Doosan Bobcat is a leading provider of compact equipment, grounds maintenance equipment, industrial vehicle and portable power products.

About

Doosan Bobcat, whose North America headquarters is based in West Fargo, North Dakota, is a leading global manufacturer of construction, agriculture and landscaping equipment, attachments and services. The Company is part of the Doosan Group, based in Seoul, South Korea, which employs 43,000 people in 38 countries worldwide.


Situation

Croft & Bender was engaged to Doosan Bobcat aims to be the global leader in the business of compact equipment, grounds maintenance equipment, industrial vehicle and portable power products.. Croft & Bender worked with the Company to identify potential targets, and ultimately value, diligence and negotiate a transaction.


Result

Croft & Bender successfully helped Doosan Bobcat negotiate the purchase of Schiller Grounds Care's BOB-CAT Mowers, Steiner and Ryan brands of grounds maintenance equipment.