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Alta Equipment Completes Acquisition of NITCO, Expands Into New England Market

Mon May 06, 2019 - Northeast Edition
Alta


Alta Enterprises LLC dba Alta Equipment Co., (Alta) has completed its acquisition of Northland Industrial Truck Co., Inc. (NITCO) and its construction equipment group Northland JCB. NITCO and Northland JCB will operate as wholly owned subsidiaries of Alta, with Alan Hammersley continuing as president and CEO of NITCO and Northland JCB now reporting to Ryan Greenawalt, president and CEO of Alta

The acquisition of NITCO, previously announced on March 6, will provide Alta with six branch locations in five states in the New England market. Alta will now have nearly 1,300 employees operating out of 30 facilities across eight states.

"I am pleased to now be a part of the Alta family and excited about what we can achieve together," said Hammersley. "We will work to ensure our customers have a seamless transition and continue to receive the outstanding level of service they have come to expect and deserve."

"As a leader in both the materials handling and construction equipment industries in the New England region, NITCO was an ideal fit for Alta's growth strategy," said Greenawalt. "NITCO was an award-winning dealer known for providing great customer service and we look forward to continuing that tradition."

Details of the transaction are confidential.

For more information, visit www.altaequipment.com.