Acquiring Company
Toro Company
Acquired Company
Four LPG Vessels
BloomingtonManufacturingEnergyOil And GasArtificial IntelligenceTransportationBuilding MaterialHome And GardenDescription
Toro Corp. (NASDAQ: TORO), (“Toro,” or the “Company”), an international energy transportation services company, announces that on April 26, 2023, the Company, through four wholly owned subsidiaries, entered into agreements with an unaffiliated third-party to acquire three 2015 Japanese-built 5,000 cbm LPG vessels and one 2020 Japanese-built 5,000 cbm LPG vessel. The aggregate purchase price for the four LPG vessels is $70.7 million.
Quick answer
Toro Company is acquiring Four LPG Vessels, announced April 27, 2023. Toro Company is based in Bloomington, Minnesota, United States.
- How much did Toro Company pay for Four LPG Vessels?
- The deal value was not disclosed.
- What does Toro Company do?
- Toro Company is a leading manufacturer of outdoor landscape maintenance equipment.
- Where are Toro Company and Four LPG Vessels based?
- Toro Company is based in Bloomington, Minnesota, United States.
- Who are the decision-makers at Toro Company?
- Fundz holds 1 contact at Toro Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Toro Company, and when
When Toro Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Four LPG Vessels?
Four LPG Vessels was acquired by Toro Company, based in Bloomington. The deal was reported on April 27, 2023. Toro Company is a leading manufacturer of outdoor landscape maintenance equipment. The company provides a wide range of solutions for turf care, snow removal, and irrigation. Toro Company is publicly traded (TORO) and operates in Manufacturing.
When did Toro Company acquire Four LPG Vessels?
Toro Company's acquisition of Four LPG Vessels was reported on April 27, 2023. Toro Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Four LPG Vessels do?
Four LPG Vessels is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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