Toro announces acquisition
The Toro Company announced Dec. 9 that it has acquired the Graden greens roller product line, which includes the GSR 1200 greens roller. The acquisition provides entry into a new product category and broadens Toro’s offering to golf customers worldwide. Terms of the deal were not disclosed.
“This acquisition fills an important product gap in our core golf business and helps further strengthen our offering in the greens care category,” said Darren Redetzke, vice president of Toro’s commercial business. “Rolling greens has become an important agronomic practice for golf courses that improves the health and playability of the greens. By leveraging our brand strength and extensive global distribution, we are well positioned for growth in this new segment.”
Graden’s other turf maintenance product lines, which include zero-turn mowers, verticutters and sand injectors, were not associated with this acquisition.
