Husqvarna acquires assets of Dixon Industries in US
Husqvarna has signed an agreement to acquire the assets of Dixon Industries Inc in the US, a subsidiary of Blount International Inc. Dixon manufactures zero-turn riding lawnmowers for both professional users and private consumers. In 2005, Dixon had sales of USD 54.4m and an operating income of USD 3.1m. The acquisition will strengthen Husqvarna’s position in the US market within the growing Zero-turn segment. Dixon’s products, brand and distribution network complement the Group’s existing operation in North America. Production of Dixon products will be transferred to the Husqvarna plant in