BLOOMINGTON, Minn.--(BUSINESS WIRE)--Jan. 3, 2017--
The Toro Company (NYSE:TTC) today announced that it has completed the
acquisition of Regnerbau Calw GmbH, a privately held manufacturer of
professional irrigation equipment. Toro previously announced that it
entered into an agreement for the acquisition on November 3, 2016, and a
copy of that news release can be found at www.thetorocompany.com/news.
Terms of the transaction were not disclosed.
Headquartered in Althengstett, Germany, Regnerbau Calw GmbH manufactures
a variety of irrigation products under the Perrot brand, including
retractable sprinklers for sports fields, impact sprinklers and coupling
systems for agricultural fields, and rain guns for industrial
applications. The long-distance casting range and fast rotation of
Perrot’s sports field sprinklers make them an ideal choice for
maintaining both natural and synthetic turf on soccer, tennis, rugby,
cricket, golf and equine venues.
About The Toro Company
The Toro Company (NYSE:TTC) is a leading worldwide provider of
innovative solutions for the outdoor environment including turf, snow
and ground engaging equipment, and irrigation and outdoor lighting
solutions. With sales of $2.4 billion in fiscal 2016, Toro’s global
presence extends to more than 90 countries. Through constant innovation
and caring relationships built on trust and integrity, Toro and its
family of brands have built a legacy of excellence by helping customers
care for golf courses, landscapes, sports fields, public green spaces,
commercial and residential properties and agricultural fields. For more
information, visit www.thetorocompany.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170103005296/en/
Source: The Toro Company
The Toro Company
Director, Investor Relations
Branden Happel, 952-887-8930