0001193125-11-299028.txt : 20111107 0001193125-11-299028.hdr.sgml : 20111107 20111107111906 ACCESSION NUMBER: 0001193125-11-299028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111102 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111107 DATE AS OF CHANGE: 20111107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRIGGS & STRATTON CORP CENTRAL INDEX KEY: 0000014195 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 390182330 STATE OF INCORPORATION: WI FISCAL YEAR END: 0703 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01370 FILM NUMBER: 111183283 BUSINESS ADDRESS: STREET 1: 12301 W WIRTH ST CITY: WAUWATOSA STATE: WI ZIP: 53222 BUSINESS PHONE: 4142595333 MAIL ADDRESS: STREET 1: 12301 W WIRTH ST CITY: WAUWATOSA STATE: WI ZIP: 53222 8-K 1 d252937d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported): November 2, 2011

BRIGGS & STRATTON CORPORATION

 

(Exact name of registrant as specified in its charter)

 

Wisconsin

  

1-1370

  

39-0182330

(State or other jurisdiction of

incorporation)

  

(Commission File

Number)

  

(I.R.S. Employer

Identification No.)

12301 West Wirth Street, Wauwatosa, Wisconsin 53222

 

(Address of Principal Executive Offices)(Zip Code)

Registrant’s telephone number, including area code (414) 259-5333

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨  

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨  

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨  

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨  

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

ITEM 8.01. OTHER EVENTS

On November 2, 2011, Briggs & Stratton Corporation issued a press release announcing the acquisition of Premier Power Equipments and Products Private Ltd. of Tamil Nadu, India A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

(d) Exhibits

 

Exhibit No.    Description
99.1    Press Release dated November 2, 2011

BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

BRIGGS & STRATTON CORPORATION

(Registrant)

Date: November 7, 2011     By:   /s/ David J. Rodgers
      David J. Rodgers
     

Senior Vice President and Chief Financial Officer

Duly Authorized Officer

BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX

 

Exhibit No.    Description
99.1    Press Release dated November 2, 2011
 EX-99.1 2 d252937dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

BRIGGS & STRATTON CORPORATION ACQUIRES PREMIER PRODUCTS IN INDIA

MILWAUKEE, WI November 2, 2011/PR Newswire/-Briggs & Stratton Corporation (NYSE:BGG)

Briggs & Stratton Corporation announced today that it has acquired Premier Power Equipments and Products Private Ltd. of Tamil Nadu, India (Premier) for approximately $3 million in cash, subject to adjustments. The transaction was closed today.

Premier is a designer, manufacturer and marketer of tillers, weeders, harvesters, transplanters, pumps and portable generators used primarily in agricultural applications throughout India. In addition, Premier currently uses Briggs & Stratton engines on its products and distributes Briggs & Stratton engines in India. Its products are sold through a network of approximately 60 dealers in India.

“The acquisition of Premier is another step forward in executing our strategy to expand in developing regions of the world in order to diversify our product and geographic portfolio of business. Premier has the agricultural products and distribution that will serve as a platform for our future growth within India” said Todd Teske, Chairman, President and Chief Executive Officer of Briggs & Stratton Corporation.

Briggs & Stratton is financing the transaction from cash on hand. It expects that the acquisition will not have a material effect on earnings in fiscal 2012.

About Briggs & Stratton Corporation:

Briggs & Stratton Corporation, headquartered in Milwaukee, Wisconsin, is the world’s largest producer of gasoline engines for outdoor power equipment. Its wholly owned subsidiary Briggs & Stratton Power Products Group, LLC is North America’s number one manufacturer of portable generators and pressure washers, and is a leading designer, manufacturer and marketer of lawn and garden and turf care through its Simplicity®, Snapper®, Ferris®, Murray® and Victa® brands. Briggs & Stratton products are designed, manufactured, marketed and serviced in over 100 countries on six continents.

Investor Relations Contact:

David J. Rodgers, Senior Vice President and Chief Financial Officer

(414) 259-5333