Blue Bird Corp. agreed to purchase Girardin Group’s stake in Micro Bird, valuing the 50/50 joint venture interest at approximately $200 million.
The transaction is expected to close in the first half of calendar year 2026, subject to customary closing conditions and regulatory approvals. The acquisition will consolidate its North American operations under a single brand and leadership structure, broadening its product portfolio across Type A, C and D school buses as well as commercial applications.
Founded in 2009 as a 50/50 partnership between Blue Bird (Nasdaq: BLBD) and Girardin, Micro Bird designs and manufactures Type A school buses and commercial shuttle buses with capacities ranging from nine to 36 passengers. The company offers gasoline, propane and electric-powered vehicles and employs approximately 960 people across facilities in Drummondville, Quebec and Plattsburgh, N.Y.
Piper Sandler served as financial advisor to Blue Bird.