Brendan
04-06-08, 08:55 PM
Well a great Aussie Icon has been sold to a US company for $23mill!
Not a bad sell for the company who reportedly has sold over 7 million lawn mowers since its beginning.
For more info check out the article here - Victa sold to US firm (http://smallbusiness.theage.com.au/starting/finance/victa-sold-to-us-firm-908933111.html)
Do we think this is going to become a trend, global companies starting to buy up Aussie brands?
Not a bad sell for the company who reportedly has sold over 7 million lawn mowers since its beginning.
For more info check out the article here - Victa sold to US firm (http://smallbusiness.theage.com.au/starting/finance/victa-sold-to-us-firm-908933111.html)
Do we think this is going to become a trend, global companies starting to buy up Aussie brands?