Add-on Acquisition • Machinery

Toyota Industries Acquires Cascade

On October 22, 2012, Toyota Industries acquired machinery company Cascade for 760M USD

Acquisition Context
  • This is Toyota Industries’ 1st transaction in the Machinery sector.
  • This is Toyota Industries’ largest (disclosed) transaction.
  • This is Toyota Industries’ 1st transaction in the United States.

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M&A Deal Summary

Date October 22, 2012
Target Cascade
Sector Machinery
Buyer(s) Toyota Industries
Deal Type Add-on Acquisition
Deal Value 760M USD
Advisor(s) BofA Securities (Financial)
Miller Nash (Legal)

Target Company

Cascade

Fairview, United States
Cascade Corp. is a manufacturer of quality materials handling products for lift trucks.
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Buyer Overview 1

Buyer

Toyota Industries

Kariya, Japan

Category Company
Founded 1926
Sector Machinery
Employees79,454
Revenue 4.08T JPY (2025)
DESCRIPTION

Toyota Industries is a manufacturer and seller of textile machinery, automobiles, materials handling equipment, etc. as well as a logistics business, etc. Toyota Industries was founded in 1926 and is based in Kariya, Japan.


Deal Context for Buyer #
Overall 4 of 6
Sector: Machinery 1 of 2
Type: Add-on Acquisition 4 of 6
Country: United States 1 of 2
Year: 2012 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-15 Uster Technologies AG

Uster, Switzerland

Uster Technologies AG is a provider of measuring and control systems for the textile industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-03 Bastian Solutions

Indianapolis, Indiana, United States

Bastian Solutions LLC is a provider of global material handling systems integrator and expert in e-Commerce fulfillment automation.

Buy $260M