The Toro Company will acquire privately-held Charles Machine Works, Inc., the parent company of Ditch Witch and several other leading brands in the underground construction market. The purchase price is $700 million in cash subject to certain adjustments set forth in the definitive agreement. The transaction is subject to regulatory approvals and other customary closing conditions and is currently anticipated to close before the end of Toro's fiscal 2019 third quarter.
Ditch Witch
1959 W. Fir Ave.P.O. Box 66
Perry, OK
US, 73077-0066
- Phone: 800-654-6481
- Fax: 580-336-3458
- Website: www.ditchwitch.com
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