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As part of the agreement, Toro has acquired several models of topdressing and material handling equipment.
Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2009-10-14
Deal Participants
Target (Company) TYCROP Manufacturing, Ltd. - Assets Acquirer (Company) The Toro Company Vendor (Company) TYCROP Manufacturing, Ltd.
Deal Rationale
The acquisition will complement Toro's existing line of application and cultivation equipment, expand its product offerings to meet its turf maintenance needs, and enhance its position in the turf maintenance industry.
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