BLOOMINGTON – The Toro Company (NYSE: TTC) announced on Monday it has finalized the acquisition of Tornado Infrastructure Equipment Ltd. (TSX-V: TGH), a move that significantly expands its position in the fast-growing vacuum excavation market. The all-cash transaction, valued at 279 million Canadian dollars, was funded through the company’s existing credit facilities and additional financing. Tornado,…
ATLANTA: Wynnchurch Capital, L.P., a middle-market private equity firm based in Rosemont, Illinois, announced Thursday the sale of Clyde Industries, a leading manufacturer of sootblowers and boiler efficiency solutions headquartered in Atlanta. Wynnchurch acquired Clyde in 2019 through a corporate carve-out from Clyde Bergemann Power Group. Over the course of the investment, the firm supported…
Company’s pro forma EBITDA fell 2.8% to A$17.7 million SYDNEY: Adrad Holdings Ltd. (ASX: AHL), an Australian manufacturer of industrial heat transfer solutions and automotive aftermarket parts, reported an 8.9% rise in full-year revenue to A$153.1 million, despite a slight dip in earnings amid operational headwinds. The company’s pro forma EBITDA fell 2.8% to A$17.7…
BROOKLYN HEIGHTS: GrafTech International Ltd. (NYSE: EAF) reported its highest quarterly sales volume in nearly three years, reflecting strong execution of its strategic initiatives and resilience amid industry challenges. The graphite electrode manufacturer posted a 12% year-over-year sales volume increase in Q2 2025, its strongest since Q3 2022. U.S. sales volume surged 38% compared to…