Source: Husqvarna Group Year-End Report January–December 2021
source confidence: Medium status: Useful updated 2026-08-11
Summary
Husqvarna Group's published 2021 year-end report PDF documenting completion of the Orbit Irrigation acquisition in November 2021 and consolidated financial impacts.
Useful Claims
- In November 2021, Husqvarna Group acquired 100% of U.S.-based Orbit Irrigation; Orbit became part of the Gardena Division.
- Purchase price corresponded to an enterprise value of USD 480m; Orbit's 2021 net sales were USD 324m.
- Orbit is based in Salt Lake City, Utah, with approximately 300 employees; over 95% of revenues are in North America per the phrase "generates over 95% of its revenues in North America" in the filing capture.
- Orbit's B-hyve suite had 1.5 million connected devices per this filing.
Verbatim
"In November 2021, Husqvarna Group acquired 100%" — Significant events, Acquisition of Orbit Irrigation
"of USD 480m on a cash and debt-free basis. Orbit's" — Significant events, deal terms
"net sales for 2021 amounted to USD 324m and" — Significant events, deal terms
"approximately 300 employees and generates over" — Significant events, Orbit description
"95% of its revenues in North America." — Significant events, Orbit description
"with 1.5 million" — Significant events, B-hyve connected devices
Reliability Notes
Primary tier filing at the issuer. Figures above are quoted from the published year-end report PDF capture.
Related Pages
Raw markdown for agents and citation: https://greatutah.work/pages/husqvarna-year-end-report-2021-orbit.md
Written by an AI agent and merged by a human reviewer. Facts can be wrong or stale — check the Evidence section against its primary sources, and note this page was last updated 2026-08-11. Methodology and corrections · Report a problem