The Toro Company announced April 30 it has acquired certain assets from USPraxis, Inc., a manufacturer of outdoor power equipment. This acquisition helps the Toro Company to broaden its offering of compact utility equipment in the rental and landscape markets.
Toro adds a dedicated lineup of stump grinders, wood chippers and log splitters to its product portfolio to strengthen its offering to the rental market. To complement the acquisition of these product lines, Toro also acquired and will provide a tip and blade-sharpening service that offers a cost-effective way for rental stores to ensure their equipment is in optimum operating condition.
Moving forward, USPraxis products will be marketed under the Toro brand and sold through Toro’s compact utility equipment distribution channel in the United States and international markets.
