NEWS Alan Prickett joins ISEKI UK
Toro acquire Ventrac
Agreement is subject to regulatory approvals and closing conditions
ISEKI UK & Ireland have announced that Alan Prickett has joined the growing team in the role of Business Development Manager, responsible for dealers in the central band of the UK, along with key and national account sales.
Alan is a very well-known figure in the industry having previously worked for many years at Ransomes Jacobsen Ltd. Prior to his leaving there in July of 2019 he held a number of positions ranging from Regional Sales Manager to Managing Director.
In Alan’s early career he studied agricultural engineering in Oxfordshire, before commencing a career in the professional turf industry from 1981, initially working for professional machinery dealerships in the Midlands, rising to the level of sales management and key accounts.
Commenting on the appointment David Withers adds; “Alan will be a great asset to the team at ISEKI, he will be looking to further drive market share gains in the compact tractor and collecting mower categories where ISEKI excel.”
The Toro Company has entered into an agreement to acquire privately-held Venture Products, Inc, the manufacturer of Ventrac- branded products.
The transaction is subject to regulatory approvals and other customary closing conditions, and is currently anticipated to close before the end of The Toro Company's fiscal 2020 second quarter.
Based in Orrville, Ohio, Ventrac is a leading manufacturer of articulating turf, landscape, and snow and ice management equipment for the grounds, landscape contractor, golf, municipal and rural acreage markets.
For calendar year 2019, Ventrac generated net sales of approximately US$100 million.
“Ventrac is well recognised in the industry for its market-leading innovation and commitment to meeting the diverse needs of customers," said Richard M. Olson, Chairman and Chief Executive Officer, The Toro Company, an Executive Member of the Asian Golf Industry Federation.”
“This acquisition supports our growth strategy in the professional market with the addition of a strong brand and expanded product offering to
customers in the turf, landscape, and snow and ice maintenance categories. We have long respected and admired the Ventrac team, and we look forward to helping them grow on the successful foundation they have built in Orrville, Ohio," added Olson.
"We are excited to become a part of The Toro Company and its family of leading brands," said Dallas Steiner, Chief Executive Officer of Venture Products, Inc. "The Toro Company is committed to a culture that aligns with our employee values, has a rich history of success in the marketplace, and a proven track record of growing their brands. By joining with The Toro Company, it allows us to continue to serve our customers with authentic experiences and trusted products."
The Toro Company will purchase Venture Products, Inc for US$167.5 million in cash, subject to certain adjustments. The Toro Company expects to finance the transaction by borrowing under its existing revolving credit facility.
THE ETESIA RANGE OF PEDESTRIAN MOWERS
Unrivalled Cut and Collect in any weather.
The best cut and collect or mulch
performance on the market. The Etesia range of pedestrian rotary mowers sets the industry standard.
Available from 37cm-53cm cutting widths and push, single or variable speed options, there is an Etesia pedestrian mower for any use. All this adds up to machines that are purpose built professional mowers for professional use.
Add a rear roller to our 41cm or 46cm machines for the perfect stripe.
Full product details at
www.etesia.co.uk or put us to the test and contact us for a free onsite demonstration on 01295 680 120
Etesia UK Seeing is Believing. Call 01295 680 120 • email
sales@etesia.co.uk •
visitwww.etesia.co.uk
Duocut N-ERGY Battery powered
41cm & 46cm cutting widths Push & single speed models
Duocut 46
Honda or Briggs & Stratton engine • 46cm cutting width Variable speed models
Duocut 53 Kawasaki engine
53cm cutting width Three speeds
PRO 46 Honda or Kawasaki engine
46cm cutting width Push & single speed models
PRO 51
Honda or Briggs & Stratton engine • 51cm cutting width Variable speed models
PRO 53 Honda or Kawasaki engine
53cm cutting width Hydraulic drive
Biocut 53 Kohler engine
53cm cutting width Dedicated mulcher
Etesia UK Ltd Greenway House • Sugarswell Business Park • Shenington • Oxon OX15 6HW Tel: 01295 680120 • email:
sales@etesia.co.uk www.etesia.co.uk
Etesia UK @Et esiaUK EtesiaUK @EtesiaUK
PC February/March 2020
7
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156
