As electric equipment continues to spark debate in the rural lifestyle market, consider the customer’s needs, the reliability and transparency of the OEM and the preparation and training dealership employees must undergo to best serve customers when adding a battery-powered line.
Joe Liotine joins Briggs & Stratton after serving 18 years in senior roles at Whirlpool Corp., most recently as president and chief operating officer where he led the Global KitchenAid business.
Steve Andrews assumed the position of Briggs & Stratton's President and CEO just over a month ago after most recently serving as CEO of International Equipment Solutions LLC. While still new to the role, he reflects on early observations and reinforces a strong, promising future for Briggs & Stratton.
Todd Teske, the former chairman and CEO of Briggs & Stratton, has filed an $11.6 million claim in the bankruptcy case seeking his share of payments that are likely to be in the range of 7-8 cents on the dollar
According to a report from the Milwaukee Business Journal, KPS Partners have replaced Todd Teske with Steve Andrews, who "led KPS Capital Partners’ portfolio company International Equipment Solutions LLC."
Some of Briggs’ businesses align with and complement Generac product lines, including power generators, light towers, heaters and commercial lawn and garden products, Generac said.
Under the terms of the agreement, an affiliate of KPS formed for purposes of this transaction has agreed to acquire substantially all of the Company's assets and assume certain customer, employee and vendor liabilities, and it would act as the stalking-horse bidder through a court-supervised sale process
Executive editor Kim Schmidt checking in from Farm Equipment headquarters with an update on 2025 Dealership Minds Summit set for July 29-30 in Iowa City.
The program is out. Check it out at DealershipMindsSummit.com.
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