M&A Deal Summary |
|
|---|---|
| Date | 2024-07-01 |
| Target | Toro - Residential Pope Products Business |
| Sector | Manufacturing |
| Buyer(s) | The Ames Companies |
| Sellers(s) | Toro |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1774 |
| Sector | Building Materials |
| Employees | 1,452 |
The Ames Companies, Inc. is a manufacturer, marketer and distributor of non-motorized lawn and garden tools, wheelbarrows and hose reels. Ames products are marketed under the Ames, True Temper, Jackson and Garant brand names.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Australia M&A | 3 of 3 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-20 |
Hunter Fan
Memphis, Tennessee, United States Hunter Fan is a manufacturer and distributor in the branded ceiling fan category. Ceiling fans, including the Hunter and Casablanca brands, are the main products of the company, while home comfort products, which consist of air purifiers, humidifiers, thermostats and lighting, comprise the remainder. |
Buy | $845M |
Toro 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 | 1 of 1 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Australia M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-14 |
The Intimidator Group
Batesville, Arkansas, United States The Intimidator Group designs and manufactures Spartan Mowers, a professional line of zero-turn mowers known for exceptional performance, durability and distinctive styling. Sold through an established dealer network, Spartan Mowers has strong brand recognition in southern regions of the United States, appealing to rural markets and large acreage customers. Intimidator Group also designs and manufactures an attractive line of powerful and versatile side-by-side utility vehicles that perform well in the toughest terrains. |
Buy | $400M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-06 |
Tornado
Calgary, Alberta, Canada Tornado is a vacuum truck company that designs and manufactures hydrovac trucks as well as provides heavy-duty truck maintenance operations in central Alberta. It sells hydrovac trucks to excavation service providers in the infrastructure, industrial construction and oil and gas markets. Hydrovac trucks use high pressure water and vacuum to safely penetrate and cut soil to expose critical infrastructure for repair and installation without damage. Hydrovac excavation methods are quickly becoming a standard in North America to safely excavate in urban areas and around critical infrastructure greatly reducing infrastructure damage and related fatalities. Tornado is based in Calgary, Alberta. |
Buy | - |
