Blue Bird Corporation has signed a definitive agreement to acquire Girardin Group’s stake in the Micro Bird joint venture, taking full ownership of the enterprise. Under the terms of the agreement, Blue Bird will pay approximately $200 million for Girardin’s share, with 30% in cash and 70% in Blue Bird common stock. The transaction is expected to close in the first half of 2026. Upon completion, Blue Bird will consolidate its operations and offer an expanded portfolio of Type A, C, and D school, multi-purpose, and commercial buses. Steve Girardin is expected to join Blue Bird’s Board of Directors following the close of the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Bird Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001589526-26-000010), on February 17, 2026, and is solely responsible for the information contained therein.