Add-on Acquisition • Retail

Carter Machinery Company Acquires Alban Tractor Co.

On February 4, 2020, Carter Machinery Company acquired retailer Alban Tractor Co.

Acquisition Context

This is Carter Machinery Company’s 1st transaction in the Retail sector.
This is Carter Machinery Company’s 1st transaction in the United States.
This is Carter Machinery Company’s 1st transaction in Maryland.

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M&A Deal Summary
Date	February 4, 2020
Target	Alban Tractor Co.
Sector	Retail
Buyer(s)	Carter Machinery Company
Deal Type	Add-on Acquisition

Target Company

Alban Tractor Co.

Baltimore, Maryland, United States

Alban Tractor Co., Inc. is a construction equipment and power systems company and Cat dealer employing a team of 750 across 16 locations serving customers in Northern Virginia, Maryland; Washington, D.C.; and Delaware. Alban Tractor was founded in 1927 and is based in Baltimore, Maryland.

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Buyer Overview 1

Buyer

Carter Machinery Company

Salem, Virginia, United States

Category	Company
Sector	Retail

DESCRIPTION

Carter Machinery is a Caterpillar dealership headquartered in Salem, Virginia, and has operations and stores covering Virginia and nine counties in southeast West Virginia.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Retail	1 of 1
Type: Add-on Acquisition	1 of 1
State: Maryland	1 of 1
Country: United States	1 of 1
Year: 2020	1 of 1

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