Toro Company Acquires Tornado Infrastructure Equipment for $279 Million

Reuters

2025/12/09

Toro Company Acquires Tornado Infrastructure Equipment for $279 Million

The Toro Company has completed the acquisition of Tornado Infrastructure Equipment Ltd. for $279 million CAD, financed through existing credit facilities and additional arrangements. Tornado generated approximately $161 million CAD in net sales during the trailing 12 months ended September 30, 2025. The Toro Company expects the transaction to be marginally accretive to adjusted earnings per share in the first year and increasingly accretive thereafter. Annual run-rate cost synergies of $3 million USD are anticipated over three years, with additional revenue synergies and working capital improvements expected over time. Guidance regarding the acquisition's contribution to fiscal year 2026 financial results will be provided during the company's fourth quarter earnings call scheduled for December 17, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Toro Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20251208814828) on December 08, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Toro Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20251208814828) on December 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1165135440.EUR","symbol_name":"BNP Paribas Aqua Classic Cap EUR","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251208:nNDL8nM73q:1","article_id":"2590663913","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590663913","pubTimestamp":1765229447,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"The Toro Company has completed the acquisition of Tornado Infrastructure Equipment Ltd. for $279 million CAD, financed through existing credit facilities and additional arrangements. 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