Toro To Acquire Ventrac Tractor Manufacturer
21 January 2020
The Toro Company has entered into an agreement to acquire privately-held Venture Products Inc., the manufacturer of Ventrac-branded products.
Toro will purchase Venture for $167.5 million in cash, subject to certain adjustments. The Toro Company expects to finance the transaction by borrowing under its existing revolving credit facility.
The transaction…
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