Blue Bird to Acquire Micro Bird Stake for $200 Million (30% Cash, 70% Stock)
Blue Bird Corporation will pay approximately $200 million (30% cash, 70% stock) to acquire Girardin’s entire 50% stake in Micro Bird Inc. The deal expands its North American Buy America Act–compliant shuttle bus market and leverages Micro Bird’s new Plattsburgh plant, employing 960 staff across Drummondville and Plattsburgh.
1. Acquisition Structure
Blue Bird signed an agreement to acquire Girardin Group’s 50% share in Micro Bird for approximately $200 million, paying 30% in cash and 70% in common stock. The transaction is expected to close in the first half of 2026, subject to regulatory approvals.
2. Market Expansion
Full ownership will significantly increase Blue Bird’s addressable market for Buy America Act–compliant shuttle buses in North America. Micro Bird entered this segment in fall 2025 with its Plattsburgh facility acquisition and serves the student transportation sector.
3. Operational and Governance Impact
Micro Bird employs about 960 team members at its Drummondville and Plattsburgh locations. Steve Girardin will join Blue Bird’s board following closing, enhancing strategic collaboration and operational expertise.