Arien's Nowegian Power Equipment Distributor Acquires Nowegian Aftermarket Parts Distributor

ARIENS BUYS NORWAY PARTS DISTRIBUTOR

BRILLION — June 25 --  Sovde, Ariens Co.'s Norwegian power equipment distributor, has acquired Norpower Parts, a Norwegian aftermarket parts distributor in Aurskog, Norway.

"Norpower has steadily developed the dealer network throughout Norway," Dan Ariens, company president, said in a statement. "Offering a companion portfolio of both wholegoods and aftermarket parts will be an advantage as Sovde continues to grow business in that region."

Norpower was founded by Svein Hansen in 1980. It is an importer and distributor of replacement parts for the outdoor power equipment industry in Norway.

Ariens acquired Sovde in February.

Brillion-based Ariens Co. is a manufacturer of outdoor power equipment for both consumer and professional use.

Ariens Company To Acquire OPE Distributor Sovde of Rygge, Norway

BRILLION, WI – November 18 -- Ariens Co. said Wednesday it reached an agreement to acquire Norwegian power equipment distributor Sovde of Rygge, Norway.

Terms of the deal were not announced.

Sovde will continue to operate as a distributor between Ariens and independent power equipment dealers in Norway, the company said.

"While it is not part of our long-term strategy to acquire distributorships, the decision was based on a 40-year relationship with the Sovde family who grew the Ariens Sno-Thro brand to become the largest-selling snow thrower brand in Norway," said Dan Ariens, president and CEO.

Ariens also recently acquired British tractor company Countax.

Ariens Co., headquartered in Brillion, is a manufacturer of outdoor power equipment for consumer and professional use.