Doosan Bobcat Inc. has completed its acquisition of the BOB-CAT Mowers and the Steiner and Ryan brands of grounds maintenance equipment from Schiller Grounds Care Inc.

"We are pleased and proud to welcome the BOB-CAT, Steiner and Ryan team members into the Doosan Bobcat family," said Mike Ballweber, president of Doosan Bobcat North America. "We are bringing great people and strong brands into our organization to help further grow our business and reach more customers and markets."

Doosan Bobcat announced the signing of a definitive agreement in December 2019 to acquire BOB-CAT Mowers and the Steiner and Ryan brands of grounds maintenance equipment, including the Johnson Creek, Wisc., manufacturing facility. Approximately 200 employees at the manufacturing facility and members of the distributor and dealer direct field sales and technical support teams will join Doosan Bobcat.

"A dedicated group has been working on the integration plans, and we are excited about what our expanded team and new brands will accomplish together," said Ballweber. "This will position Doosan Bobcat to offer a broader range of quality products and solutions to our dealers, distributors and customers."

The investment is part of Doosan Bobcat's long-term, strategic growth initiatives as a global leader in the compact equipment industry, in addition to demonstrating its long-term commitment to employees and the communities in which it operates.

Doosan Bobcat was advised by law firm Barnes & Thornburg LLP, and Croft & Bender LP served as financial advisor to Doosan Bobcat. Schiller Grounds Care Inc. was advised by law firm Blank Rome LLP, and BDO Capital Advisers LLC served as financial adviser to Schiller Grounds Care, Inc.

For more information, visit doosanbobcat.com.

Today's top stories

Crews Near Completion of Phase 1; Begin Work On Phase 2 of Long Island Project

VIDEO: SCDOT to Replace, Rehab Three Bridges On Interstate 20 Over Wateree River

Yonkers Contracting to Perform Bridge Slide On I-95 in Connecticut

Construction Jobs Picture Looks Bright, But Where Are the Workers?

Berlon Industries Offers Wide Variety of Unique Attachments

Hyundai, LG Plan to Build $4.3B EV Battery Plant Near Savannah, Ga.

H.O. Penn Begins Series of Events to Celebrate 100 Years

VIDEO: Studson Introduces ANSI Z89.1 Type II-Rated Full Brim Safety Helmet