About This Deal

The Toro Company acquired Lawn Solutions Commercial Products, Inc. for Not disclosed (within Toro's ~$24.15 million aggregate fiscal 2011 acquisitions), a transaction completed in June 2011. The deal was a Asset purchase.

Lawn Solutions Commercial Products, Inc. operates in Professional, is based in United States. On June 24, 2011 Toro acquired certain assets and assumed certain liabilities of Lawn Solutions Commercial Products, Inc., a manufacturer of turf-renovation equipment such as aerators, seeders, power rakes and brush cutters for the landscape, rental, municipal and golf markets. The individual price was not disclosed; total fiscal 2011 acquisitions aggregated about $24.15 million.

Lawn Solutions broadened and strengthened Toro's turf-renovation equipment line.

Professional turf-renovation equipment

Deal Terms

Acquirer
The Toro Company
Target
Lawn Solutions Commercial Products, Inc.
Value
Not disclosed (within Toro's ~$24.15 million aggregate fiscal 2011 acquisitions)
Date
June 2011
Type
Asset purchase
Status
Ready

Transaction Details

Target HQ
United States
Segment
Professional
Closed
June 24, 2011

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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