The STIHL Group to acquire COSMOS Manufacturing.

The STIHL Group, a firm that develops, manufactures and distributes power tools for professional forestry and agriculture, agreed to acquire COSMOS Manufacturing, a manufacturer of mufflers. Financial terms were not disclosed. "This acquisition will deepen our expertise in the development and manufacture of mufflers and other exhaust components. This represents a major step forward in achieving increasingly strict emission standards and also reinforces our supply chain resilience," Martin Schwarz, STIHL Executive Board Member for Manufacturing and Materials.