The Toro Company acquired Rain Master Irrigation Systems, Inc. for Not disclosed (part of Toro's fiscal 2007 acquisitions), a transaction completed in August 2007, structured as stock purchase.
Rain Master Irrigation Systems, Inc. operates in Irrigation / Professional, is based in United States. In August 2007 Toro acquired the stock of Rain Master Irrigation Systems, Inc., a maker of irrigation central controllers and related products for the commercial landscape market. The deal value was not separately disclosed. Exact day of closing is not stated; the 10-K discloses the month as August 2007.
Rain Master expanded Toro's commercial irrigation control offering.
Irrigation business
Advisory firms were not disclosed for this transaction.