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The Toro Company Acquired Portugal-Based TURFLYNX
Acquisition enhances Toro’s expertise in three technology pillars: autonomous, alternate energy and smart-connected products
BLOOMINGTON, Minn. – The Toro Company today announced that it acquired TURFLYNX, a privately held developer of autonomous mowing equipment for golf courses. The new Toro employees will continue to be based in Portugal. Terms of the transaction were not disclosed.
TURFLYNX is recognized for introducing the industry’s first fully autonomous, all-electric fairway mower in 2016. “As the golf industry continues to focus on improving play, better managing resources and expanding its commitment to environmental sustainability, the application and advancement of technologies will play a critical role,” said Grant Young, general manager for Toro’s Commercial Business. “We are very excited to integrate the TURFLYNX team into The Toro Company as we collectively build upon our expertise in autonomous technology, alternate energy, smart-connected products. This acquisition is expected to help expand our GeoLink Solutions portfolio displayed at last year’s Golf Industry Show.”