Briggs & Stratton to acquire Allmand Bros.

Milwaukee-based Briggs & Stratton Corp., a producer of gasoline engines for outdoor power equipment, has signed a definitive agreement to acquire Allmand Bros Inc., Holdrege, Neb., a manufacturer of towable light towers, industrial heaters, and solar LED arrow boards.

“The acquisition of Allmand augments our higher-margin commercial product portfolio, expands our market access to include the rental channel, and helps diversify our business into industry segments that we do not meaningfully participate in today,” said Todd J. Teske, chairman, president, and CEO of Briggs & Stratton.