Carter Machinery Acquires Alban Tractor Co., Inc. (Assets)
February 4, 2020
Salem-based Carter Machinery agreed to acquire the assets of Baltimore-based Alban Tractor Co., Inc., effective February 4, 2020. The transaction expands Carter Machinery’s Caterpillar dealership territory to include Northern Virginia, Washington, D.C., Maryland and Delaware and strengthens its equipment, rental and power-generation capabilities in the mid-Atlantic.
- Buyers
- Carter Machinery
- Targets
- Alban Tractor Co., Inc.
- Sellers
- Alban Tractor Co., Inc.
- Industry
- Industrial Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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