BLOOMINGTON, Minn., – The Toro Company announced that 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 spreader/sprayers for landscape contractors and grounds professionals. Other products include the Z-Plug stand-on aerator that is designed to convert to a slicer/seeder, snow plow or dethatching rake, and the stand-on Snowrator for snow and ice management.
“This acquisition builds upon many of our core strengths valued by professional contractors as we strive to help them drive greater productivity, profitability and efficiency in their operations,” said Richard M. Olson, chairman and CEO of The Toro Company. “The industry-leading Z-Spray line complements our current spreader/sprayer product offering to contractors, golf and grounds customers, while the innovative Snowrator is an exciting addition to our professional snow and ice management line. With our continued focus on innovation and technology, we believe these products have broad application across many of our professional markets.”
“With a shared commitment to innovation and serving customers, we look forward to having our products become a part of The Toro Company,” said Tom Rich, president of L.T. Rich Products. “We believe that Toro’s strong history, market leadership and resources will further enable our continued growth in the market.”
The LT Rich products will continue to be sold under the Z-Spray, Z-Plug and Snowrator product names. Additionally, Tom Rich and current employees of the LT Rich team will continue to be part of the business and production will continue in Lebanon, Indiana for the time being.