DR Power Equipment designs and manufactures outdoor power equipment. Mean Green Products designs and manufacturers a commercial line of zero-turn and walk behind, battery powered turf care products.
“Entering the commercial turf care category has been a target of ours for years, but we wanted to do it in an innovative and differentiated way. The improvements in battery technology have now enabled the electrification of large commercial turf care products and Mean Green is leading the way,” Matt Bieber, president of DR Power Equipment, said. “We have watched the Mean Green team grow and develop new products and technologies, which led us to proactively pursue them to become part of our portfolio. Mean Green products will supplement our expanding battery-powered, chore products lineup and support our goals to integrate and develop new battery-powered solutions.”
“We are extremely excited for the opportunity to further expand on our vision to provide consumers with meaningful battery powered equipment,” Joe Conrad, president and co-owner of Mean Green Products, said. “The DR Power and Generac teams are an excellent fit for our company and our employees.”
“Generac’s initiatives to provide clean powered products accelerated our interest in becoming part of their strategic movement,” Matt Conrad, vice president and co-owner of Mean Green Products, said.
The acquisition closed on Sept. 1. Terms of the deal were not disclosed.
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