Alta Equipment Group (ALTG) Acquires Gibson Machinery

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Alta Expands Construction Equipment Business With Acquisition of Gibson Machinery

September 2, 2021 8:00 AM EDT

Alta expands geographic presence in Midwest region with first Ohio location

LIVONIA, Mich.--(BUSINESS WIRE)-- Alta Equipment Group Inc. (NYSE: ALTG) (Alta) today announced that it has entered into a definitive agreement to acquire Gibson Machinery, LLC, a privately held premium equipment distributor based in Oakwood Village, near Cleveland, Ohio. The acquisition expands Altas construction equipment footprint to 32 locations in eight states and adds several new original equipment manufacturing (OEM) partners.

The family-owned Gibson Machinery offers a full-line of industry-leading heavy equipment product lines and specialty attachments,... More