Blue Bird signs deal to gain full ownership of Micro Bird
Blue Bird CorporationBLBD, a leader in electric and low-emission school buses, has entered into an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture in order to gain full ownership of the business. The deal is valued at approximately $200 million, with 30% to be paid in cash and the remaining 70% in Blue Bird common stock. The transaction is anticipated to close in the first half of 2026, subject to customary closing conditions and regulatory approvals.
This move highlights Blue Bird’s focus on growth and market expansion. Full ownership will enable the company to streamline its North American operations and align its businesses under a unified brand and leadership structure, creating additional value for both customers and shareholders. Post-acquisition, Blue Bird will offer a comprehensive lineup of Type A, C and D school buses, along with multi-purpose and commercial vehicles.
