Feb 15, 2019ACQUISITIONOklahoma, United States Toro Company to acquire Charles Machine Works for $700M
The Toro Company announced a definitive agreement to acquire Charles Machine Works, parent of Ditch Witch, for $700 million in cash. The transaction is expected to close before the end of Toro's fiscal 2019 third quarter.
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“The Toro Company today announced that it has entered into a definitive agreement to acquire privately-held The Charles Machine Works, Inc.”thetorocompany.com
- 3 sources
- thetorocompany.comThe Toro Company to Acquire The Charles Machine Works, Inc. | The Toro CompanyFeb 15, 2019
- thetorocompany.comThe Toro Company Completes Acquisition of Charles Machine Works | The Toro CompanyApr 1, 2019
- trenchlesstechnology.comLooking at the Toro Co. and Charles Machine Works DealSharon BuenoApr 18, 2019
Summarized from public sources; check the original articles before acting on it.
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