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  6. Carter Machinery Company Acquires Alban Tractor Co.

M&A Deal Summary

Carter Machinery Company Acquires Alban Tractor Co.

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2020-02-04
Target Alban Tractor Co.
Sector Retail
Buyer(s) Carter Machinery Company
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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