Husqvarna to Discontinue Stone Diamond Tools Business
Idag, 16:09
Idag, 16:09
10:09 AM EDT, 05/06/2026 (MT Newswires) -- Husqvarna (HUSQ-A.ST) said Wednesday it plans to shut down its stone diamond tools business by year-end to pivot to a more streamlined product portfolio.
With the exit, the Swedish lawnmower maker's construction division will also close down its stone diamond tools manufacturing operations in Belgium, Portugal and Greece, as well as other activities related to the business.
The discontinuation of the business will affect 200 jobs and reduce net sales by 250 million Swedish kronor.
Idag, 16:09
10:09 AM EDT, 05/06/2026 (MT Newswires) -- Husqvarna (HUSQ-A.ST) said Wednesday it plans to shut down its stone diamond tools business by year-end to pivot to a more streamlined product portfolio.
With the exit, the Swedish lawnmower maker's construction division will also close down its stone diamond tools manufacturing operations in Belgium, Portugal and Greece, as well as other activities related to the business.
The discontinuation of the business will affect 200 jobs and reduce net sales by 250 million Swedish kronor.
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