The Toro Company Completes Previously Announced Acquisition of German-Based Regnerbau Calw GmbH
03 Januar 2017 - 2:30PM
Business Wire
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170103005296/en/
The Toro CompanyInvestor RelationsHeather Hille,
952-887-8923Director, Investor
Relationsheather.hille@toro.comorMedia RelationsBranden
Happel, 952-887-8930Senior Manager, Public
Relationsbranden.happel@toro.com
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