Alta Equipment acquires Northland Industrial Truck
This acquisition will add full-service material handling sales operations in Massachusetts, Connecticut, New Hampshire and Maine.
Alta Enterprises, LLC, dba Alta Equipment Co., Center Valley, Pa., acquired Northland Industrial Truck Co., Inc. (NITCO), Wilmington, Mass., to expand Alta’s business into the New England market and add full-service material handling sales operations in Massachusetts, Connecticut, New Hampshire and Maine.
NITCO, and its construction equipment group Northland JCB, Concord, N.H., will continue to operate as wholly owned subsidiaries of Alta, with no changes to leadership or business operations. Alan Hammersley will continue as president and CEO of NITCO and Northland JCB.
“The Alta team has always held NITCO in the highest regard. NITCO’s strength in the material handling space, anchored by the Hyster and Yale brands, innovative solutions approach and fast growing Northland JCB Construction Equipment Group aligns with Alta’s vision and builds on our integrated industrial, construction and compact equipment capabilities,” says Ryan Greenawalt, president and CEO of Alta.
“NITCO is very pleased to become part of the Alta family and continuing on our growth path as we enter into this next chapter in the evolution of the company,” says Hammersley. “Together, we will continue to provide the highest level of support to our customers while working to meet the high standards that all our stakeholders deserve.”
Alta currently maintains 24 branch locations across the Great Lakes Region. This acquisition will add six branches to the company’s footprint, including three locations in Massachusetts and one each in Connecticut, New Hampshire and Maine.