Blue Bird Corporation (NASDAQ: BLBD), a leader in electric and low-emission school buses, has successfully completed its acquisition of the Girardin Group's stake in the Micro Bird joint venture, achieving full ownership of the enterprise. The transaction, valued at approximately $200 million, was funded through a combination of cash and Blue Bird common stock. This acquisition marks a significant milestone in Blue Bird's strategy to streamline operations and expand its market reach.

With the closing of this acquisition, Blue Bird consolidates its North American operations, unifying its businesses under one brand and leadership team. The integration is already underway and is expected to enhance the company's ability to deliver the broadest product portfolio in the industry, which includes Type A, C, and D school buses, as well as multi-purpose and commercial vehicles powered by diesel, gasoline, propane, and electric powertrains.

John Wyskiel, president and CEO of Blue Bird Corporation, stated, "This is an important and exciting milestone for Blue Bird. With full ownership of Micro Bird, we are further strengthening our strategic position, enhancing operational alignment, and expanding our ability to serve customers with a comprehensive range of innovative transportation solutions. We are well-positioned to drive long-term growth and create value for our shareholders."

As part of the transaction, Steve Girardin has been welcomed to Blue Bird's Board of Directors, bringing decades of industry experience and leadership expertise to the company's governance. Doug Grimm, Chairman of the Board, expressed enthusiasm about Girardin's contributions, stating, "This transaction represents a natural evolution of a highly successful partnership and further strengthens Blue Bird's leadership position in the North American bus market."

The acquisition also enhances Blue Bird's participation in the growing Buy America-compliant shuttle bus market, building on Micro Bird's expansion into this segment following the opening of its Plattsburgh, New York manufacturing facility in 2025. Founded in 2009 as a 50/50 joint venture between Blue Bird and Girardin Group, Micro Bird has become a leading manufacturer of Type A school and commercial buses, employing approximately 960 team members across its operations in Drummondville, Quebec, and Plattsburgh, New York.



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