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M&A Deal Summary

Toro Acquires Tornado

On October 6, 2025, Toro acquired automotive company Tornado

Acquisition Highlights
  • This is Toro’s 1st transaction in the Automotive sector.
  • This is Toro’s 1st transaction in Canada.
  • This is Toro’s 1st transaction in Alberta.

M&A Deal Summary
Date 2025-10-06
Target Tornado
Sector Automotive
Buyer(s) Toro
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Toro

Bloomington, Minnesota, United States
Category Company
Founded 1914
Sector Machinery
Employees10,706
Revenue 4.6B USD (2024)
DESCRIPTION
Toro's corporate headquarters in Bloomington, Minnesota.
Toro's corporate headquarters in Bloomington, Minnesota.

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 16 of 16
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 14 of 14
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Toro - Residential Pope Products Business

Beverley, Australia

Toro's Residential Pope Products Business helps residential customers create and maintain beautiful gardens. Toro's Residential Pope Products Business is based in Beverley, Australia.

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