Husqvarna Acquires U.S. Producer of Concrete Saws

Husqvarna (www.husqvarna.com) has signed an agreement to acquire the assets of Meco, Masterpiece Engineering Company, based in Prescott, AZ. Closing is planned to take place at the end of April. Meco is a leading producer of floor saws for cutting concrete and asphalt, primarily for highway construction and repair. The company has annual sales of about $9 million, with the majority of sales in the U.S. The acquisition complements Husqvarna’s product range for the construction industry and reinforces the group’s leading position in floor saws.