Alta acquires NITCO

News Story
- 14 Mar 2019 ( #914 ) - United States
1 min read
Alta Enterprises has entered into an agreement to purchase Northland Industrial Truck Co., Inc. (NITCO). The acquisition will expand Alta's business into the New England market, adding full-service materials handling sales operations in Massachusetts, Connecticut, New Hampshire and Maine.

NITCO and its construction equipment group, Northland JCB, 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 chief executive officer of NITCO and Northland JCB, reporting to Ryan Greenawalt, president and CEO of Alta.

"The Alta team has always held NITCO in the highest regard. NITCO's strength in the materials 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 Greenawalt.

"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 has 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.

Alta and NITCO are both award-winning dealers for the Hyster-Yale Group and specialise in sales, rental and service of materials handling, industrial and construction equipment for a diverse group of industries.

The transaction is subject to approval and is expected to close within the next 45 to 60 days. Details of the transaction were not disclosed.
Do you have materials handling news? Submit your news here

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

We’re excited to launch a major upgrade to the Forkliftaction forums, packed with new features and improvements. Here’s what’s new:

  • You can now add up to two photos to your posts
  • New search & navigation - find what you need easier
  • Smart brand/model tagging across all forums
  • Top contributors recognised for their efforts!

 Head over to the forums to check it out!

Words of support …

The cooperation with Forkliftaction has been exceptional. It's always a pleasure to work with specialists who know the inside out of the industry

Ane Miren Elorza, Communications Specialist

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We’re excited to launch a major upgrade to the Forkliftaction forums, packed with new features and improvements. Here’s what’s new:

  • You can now add up to two photos to your posts
  • New search & navigation - find what you need easier
  • Smart brand/model tagging across all forums
  • Top contributors recognised for their efforts!

 Head over to the forums to check it out!

PREMIUM business

MAXAM Tire, Inc.
Simplify your productivity with MAXAM's range of performance material handling tires, designed with the latest EcoPoint3 technology.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

ROYPOW
Manufacturer of lithium forklift battery solutions, the global leader in the market of lithium batteries replacing lead acid batteries.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com