Briggs & Stratton (BGG) Announces Strategic Repositioning Plan
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Briggs & Stratton Announces Strategic Repositioning Plan
March 6, 2020 7:00 AM ESTMILWAUKEE, March 6, 2020 /PRNewswire/ -- Briggs & Stratton Corporation (NYSE: BGG) today announced details of its planned strategic repositioning. The actions announced include a sharp focus on the company's global expertise in power application, a simpler organization through strategic divestitures, and a streamlined overall business to drive improved capital returns. An outcome of these actions includes significantly de-levering the company to improve financial flexibility.Â
