Business
Blue Bird Signs Definitive Agreement to Acquire & Consolidate Micro Bird Joint Venture
MACON, Ga., February 17, 2026--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has signed an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture, thereby, taking full ownership of the enterprise. Blue Bird will pay approx. $200 million for Girardin’s joint venture share, with 30% in cash and 70% in Blue Bird common stock. The transaction is expected to close in the first half of calendar year 2026, pending fulfillment of v
About this update from Blue Bird Corporation
[{"type":"image","alt":"Blue Bird signed an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture. Established in 2009, Micro Bird specializes in designing and manufacturing Type A school and commercial shuttle buses with capacities ranging from 9 to 36 passengers. Pictured here is John Wyskiel, president and CEO of Blue Bird Corporation, at the Sept. 2025 grand opening of the Micro Bird manufacturing facility in Plattsburgh, N.Y. (Image provided by Micro Bird)","displaySize":"","headline":null,"caption":"Blue Bird signed an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture. Established in 2009, Micro Bird specializes in designing and manufacturing Type A school and commercial shuttle buses with capacities ranging from 9 to 36 passengers. Pictured here is John Wyskiel, president and CEO of Blue Bird Corporation, at the Sept. 2025 grand opening of the Micro Bird manufacturing facility in Plattsburgh, N.Y. (Image provided by Micro Bird)","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":243,"url":"https://media.zenfs.com/en/business-wire.com/08df7e45d27f713ab13d162b8cf83207"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.hVNRZlVHiYJs7.2BhiDrA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/08df7e45d27f713ab13d162b8cf83207","width":480,"height":243}},"lazy":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":305,"height":240,"url":"https://media.zenfs.com/en/business-wire.com/f38c9bf7f96a59f580de949d3ad89543"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7.tRlpzaWarJo5JD5pFTBA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTMzMDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/f38c9bf7f96a59f580de949d3ad89543","width":305,"height":240}}},{"type":"list","items":[{"val":[{"type":"text","content":"Consolidates its businesses under one brand, one team, and one approach","length":71,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Enables the broadest product portfolio and powertrains in the bus market","length":72,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Positions the company for growth in the Buy America shuttle bus market","length":70,"tagName"...