Announced

Blue Bird to acquire the remaining 50% stake in its joint venture with Girardin Group for $200m.

Synopsis

Blue Bird, a manufacturer of electric and low-emission school buses, agreed to acquire the remaining 50% stake in its joint venture with Girardin Group, a Canadian short bus manufacturer, for $200m. The transaction allows Blue Bird to consolidate its North America operations and unify its businesses under one team and brand, unlocking further value for customers and shareholders. Blue Bird will offer the broadest product portfolio of industry-leading Type A, C, and D school, multi-purpose, and commercial buses.

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MergerLinks - Blue Bird to acquire the remaining 50% stake in its joint venture with Girardin Group for $200m.