Carter Equipment buys fellow Cat seller Alban Tractor, increasing mid-Atlantic presence
Cat seller Carter Equipment has purchased Baltimore-based Alban Tractor, increasing its territory to embrace northern Virginia, Washington D.C., Maryland and Delaware.
“Carter is enthused about increasing our companies to extra prospects with the identical dedication that our Virginia and West Virginia prospects have come to rely on,” says Drew Parker, CEO, Carter Equipment, headquartered in Salem, Virginia. “Alban’s fame in heavy gear and energy methods is powerful and one we’re excited to construct upon within the coming months and years.”
Carter Equipment says the acquisition strengthens the 92-year-old agency’s place in key industries, together with development, mining, aggregates, and forestry, in addition to increasing its in rental and energy technology choices.
In saying the acquisition, Carter Equipment says Alban prospects “will now have entry to a bigger fleet of Caterpillar gear and elements stock, in addition to elevated choices for rental and technician companies to additional scale back the dangers of downtime.”
Carter Equipment additionally tells Alban prospects, “Your present consultant(s) will probably be in common contact with you to reply questions, present updates or warn you to any modifications. To the extent potential, we’ll work exhausting that will help you preserve your vital enterprise relationships with our gross sales and help groups.”
Carter Equipment serves prospects in Virginia and West Virginia and employs greater than 1,350 workers. Alban Tractor, established in 1927, had 750 workers throughout 16 places. The acquisition is anticipated to be full by the tip of the primary quarter.