M&A Deal Summary

The Toro Acquires Exmark Manufacturing

On November 25, 1997, The Toro acquired manufacturer Exmark Manufacturing

Acquisition Highlights
  • This is The Toro’s 1st transaction in the Manufacturing sector.
  • This is The Toro’s 2nd transaction in the United States.
  • This is The Toro’s 1st transaction in Nebraska.

M&A Deal Summary
Date 1997-11-25
Target Exmark Manufacturing
Sector Manufacturing
Buyer(s) The Toro
Deal Type Add-on Acquisition

Target

Exmark Manufacturing

Beatrice, Nebraska, United States
website
Exmark Manufacturing Co., Inc. is a manufacturer of equipment for the professional landscape contractor industry.

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Buyer(S) 1

Buyer

The Toro

Bloomington, Minnesota, United States

website

Category Company
Founded 1914
Sector Machinery
Employees11,287
Revenue 4.5B USD (2022)
DESCRIPTION
Toro's corporate headquarters in Bloomington, Minnesota.
Toro's corporate headquarters in Bloomington, Minnesota.

The Toro Company is a designer and manufacturer of turf and landscape maintenance equipment, and precision irrigation systems to commercial and residential customers. Toro was founded in 1914 and is based in Bloomington, Minnesota.

DEAL STATS #
Overall 2 of 15
Sector (Manufacturing) 1 of 5
Type (Add-on Acquisition) 2 of 13
State (Nebraska) 1 of 1
Country (United States) 2 of 12
Year (1997) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-12-03 James Hardie Irrigation Group

United States

James Hardie Irrigation Group is a provider of grinding machines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-09 Hayter

Spellbrook, United Kingdom

Hayter Ltd. is a manufacturer of consumer and commercial mowing products.

Buy -
Mergr

Product

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