The Toro Co. acquired Rain Master Irrigation Systems, a manufacturer of irrigation controllers based in Simi Valley, Calif. The purchase of Rain Master will help strengthen the company's position in the central controller market, enhance its established distribution network, and reinforce a long-term strategy to broaden its offering of precision irrigation technologies.
Rain Master products will be an important addition to the Irritrol line and continue to be sold under the Rain Master brand, the company says.
"This purchase is consistent with our strategy to pursue acquisitions that will strengthen our position in the water management market and drive our revenue growth," said Michael Hoffman, chairman and CEO of The Toro Co. "Rain Master is an established, well-respected company in the irrigation industry and will provide us with a product line that helps enhance our global offering now and in the future."
As a result of the purchase, Jim Sieminski, CEO, and the employees of Rain Master will become part of The Toro Company's water management team.
"We are pleased to be joining forces with The Toro Company, an irrigation leader that shares our goal of creating technologies that support the efficient use of water," said Sieminski. "Today's announcement is but the first step in our journey to pursue these mutual goals."