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Toro Forms Three-Year Partnership with Kinetic GPO
Toro Forms Three-Year Partnership with Kinetic GPO
BLOOMINGTON, Minn. – The Toro Company announces a new partnership with Kinetic GPO, a cooperative purchasing organization established for public sector and MASH (Municipalities, Academics, School Boards, and Health and Social Services) entities across Canada.
The partnership will remain in effect until May 23, 2021, with an option to extend the term for an additional period of up to two years. Contract number 18-02 provides exclusive pricing and access to Toro groundskeeping equipment to public entities in Canada and helps these organizations reduce procurement costs by leveraging group purchasing power and simplifying the overall procurement process.
Included in the portfolio of products available under the contract are Toro’s trusted line of commercial mowers, snow blowers and utility vehicles, among other product lines across Toro’s Commercial, Residential and Landscape Contractor (RLC) and Sitework Systems businesses.
"Kinetic is pleased to partner with Toro on this contract to streamline groundskeeping equipment procurement processes for our members," said Chris Penny, CEO of Kinetic GPO. "Our evaluation team, which consists of several former procurement officials, stated that Toro's response was as robust as any that they have ever seen. Public sector, MASH entities and non-profits are able to leverage their spend — all while receiving the high levels of quality and customer service that Toro and their distributors are known for."
Group Purchasing Organizations (GPOs) are widely used in Canada, especially in the medical health and education sectors. Kinetic is advancing the purchasing power of entities across Canada by taking what has worked, expanding on those strategies and offering a portfolio to a full range of public sector and MASH entities.
“We believe that this newfound partnership with Kinetic GPO will open up a number of opportunities in Canada, not only for Toro and our distributors, but also for Kinetic’s roster of members in the public sector,” said Richard M. Olson, chairman and CEO of The Toro Company. “We’re thrilled to be working with Kinetic to provide additional access to Toro equipment to public sector organizations across Canada.”
The contract officially took effect on May 24, 2018. Toro is the sole provider for equipment in this category. For more information on Toro products, please visit toro.com. To locate a Toro distributor, please visit toro.com/locator.
About Kinetic GPO
Kinetic GPO is a cooperative purchasing organization established for public sector and MASH entities across Canada, with the specific purpose of reducing procurement cost by leveraging the purchasing power of group buying and saving members time by simplifying steps to procure.
About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf maintenance, snow and ice management, landscape, rental and specialty construction equipment, and irrigation and outdoor lighting solutions. With sales of $2.5 billion in fiscal 2017, Toro’s global presence extends to more than 125 countries. Through constant innovation and caring relationships built on trust and integrity, Toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, sports fields, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.toro.com.