The Toro Company acquires LT Rich Products
BLOOMINGTON, Minn.– The Toro Company announced Monday it has acquired L.T. Rich Products, a manufacturer of commercial zero-turn spreader/sprayers, aerators and snow and ice management equipment.
Terms of the transaction were not disclosed.
L.T. Rich Products is known for its Z-Spray line of stand-on spreaders and sprayers for landscape contractors and groundskeeping professionals. It offers five models of high-capacity, zero-turn machines designed for properties of all sizes.
Other products include the Z-Plug stand-on aerator designed to convert to a slicer/seeder, snow plow or dethatching rake, and the stand-on Snowrator for snow and ice management.
“With our continued focus on innovation and technology, we believe these products have broad application across many of our professional markets,” said Richard M. Olson, Toro chairman and CEO.
“We believe that Toro’s strong history, market leadership and resources will further enable our continued growth in the market,” said Tom Rich, president of L.T. Rich Products.
The Toro Company is a leading producer of outdoor environment equipment, including turf maintenance, snow and ice management, landscape, rental and specialty construction equipment, and irrigation and outdoor lighting. With sales of $2.5 billion in fiscal 2017, Toro’s presence extends to more than 125 countries.
Iron Mountain-based Boss Products is a division of the Toro Company.
For more information, go to www.thetorocompany.com.