June 29, 2011 – Toro has announced it has acquired Lawn Solutions
Commercial Products, a manufacturer of innovative turf renovation
equipment for the landscape, rental, municipal and golf markets. The
acquisition, which includes a dedicated lineup of aerators, seeders,
power rakes and brush cutters, adds key product categories to Toro’s
portfolio to support growth across its core global businesses. Terms of
the transaction were not disclosed.
“Turf renovation is a natural category for Toro having built our company
around turf maintenance for almost 100 years,” said Michael Drazan,
vice-president of the company’s contractor business. “These products complement our brands and markets extremely well, while extending our
offering to customers worldwide. With our expanded distribution and
market strength, we believe we can deliver significant share growth in
these categories.”
Based in Louisville, Ky., and founded in 2006, Lawn Solutions has
quickly established its position in the turf renovation market and
become known for its reputable line of innovative products. As part of
the purchase, David Cook, owner of Lawn Solutions, will continue to
consult with Toro after the acquisition and provide important product
development and category expertise.
Related links
Toro
Lawn Solutions
|
