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

Schiller designs and manufactures commercial and residential gardening and turf care equipment.

Doosan Bobcat

  • Industry Industrial
  • Type M&A Buy-Side

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 help the Company evaluate strategic acquisition opportunities. 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.