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Alta Equipment Group to Acquire Martin Implement to Strengthen Footprint in Chicago Area
Tuesday 04 August 2020

Michigan, US-based equipment dealership platform Alta Equipment Group Inc. (NYSE: ALTG) has agreed to acquire Chicago area equipment distributor Martin Implement Sales, Inc., to broaden OEM relationships in the Chicago market, the company said.

Terms of the acquisition were not disclosed. The transaction is expected to close in Q3 2020, subject to customary conditions.

Alta Equipment Group Inc. owns and operates an integrated equipment dealership platform.

Through its branch network, the company sells, rents, and provides parts and service support for several categories of specialised equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment and other industrial and construction equipment.

Martin sells primarily construction and agricultural equipment in partnership with industry leading manufacturers, and offers comprehensive services, including equipment financing, replacement parts, and factory-authorised service.
Date Published: 04/08/2020