M&A Deal Summary

Toro Acquires Exmark Manufacturing

On November 25, 1997, Toro acquired manufacturer Exmark Manufacturing

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

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

Target

Exmark Manufacturing

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

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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 (2023)
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 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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