Husqvarna acquires Klippo

klippo_logo.gifHusqvarna has signed an agreement to acquire Klippo AB, the largest producer of petrol-driven walk-behind lawn mowers for the Swedish market.

Klippo’s product offering mainly includes walk-behind lawn mowers for professional users. In 2005, the company reported sales of approximately USD 20.5 m (140 MSEK) and operating income of approximately USD 3 m (20 MSEK). Sweden accounts for approximately two thirds of sales. The company has about 50 employees, and manufacturing is based in Sweden.

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January 2007