---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-044620"
form_type: "8-K"
ticker: "TTC"
cik: "0000737758"
company_name: "TORO CO"
filed_at: "2025-10-08T23:59:59+00:00"
generated_at: "2026-05-17T04:22:39.418046+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Toro agrees to acquire Tornado Infrastructure for CAD $279M ($1.92/share)

## Summary
- Total fully diluted equity value of CAD $279 million; CAD $1.92 per share.
- Expected close in Toro's fiscal Q1 2026; subject to Tornado shareholder and regulatory approvals.
- No financing condition; funded from cash on hand, revolving credit facility, or other financing.
- Tornado supplies vacuum trucks and industrial equipment for underground construction, power transmission, and energy markets.
- Customary termination rights apply; deal must close by February 6, 2026.

## SEC filing metadata
- accession: 0001628280-25-044620
- form_type: 8-K
- ticker: TTC
- cik: 0000737758
- company_name: TORO CO
- filed_at: 2025-10-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737758/000162828025044620/0001628280-25-044620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737758/000162828025044620/ttc-20251008.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-044620
- JSON: https://secwatch.observer/filing/0001628280-25-044620.json
- Plain text: https://secwatch.observer/filing/0001628280-25-044620.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.