# Carter Machinery to acquire assets of Alban Tractor Co.

Carter Machinery, a Caterpillar dealer based in Salem, Virginia, announced an agreement to acquire the assets of Baltimore-based Alban Tractor Co. The acquisition will expand Carter's service territory to include Maryland, Delaware, Virginia, and Washington, D.C. Terms were not disclosed.

- Type: Acquisition
- Announced: 2020-02-04
- Where: Baltimore, Maryland, United States
- Status: announced
- Products: construction machines, power systems, earth moving machines, power generation systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Carter Machinery Company](https://endata.com/companies/29608.md) (acquirer)
- [Alban Tractor Co.](https://endata.com/companies/44995.md) (target)

## Sources

- [thedailyrecord.com](https://thedailyrecord.com/2020/02/04/carter-machinery-to-acquire-assets-of-baltimores-alban-tractor-co/), 2020-02-04: "Salem, Virginia-based Carter Machinery, a Caterpillar Inc. dealer, announced Tuesday an agreement to acquire the assets of Baltimore-based Alban Tractor Co. Inc."
- [equipmentworld.com](https://www.equipmentworld.com/dealers/article/14972030/carter-machinery-buys-fellow-cat-dealer-alban-tractor-expanding-mid-atlantic-presence), 2020-02-10: "Carter is enthused about expanding our services to more customers with the same commitment that our Virginia and West Virginia customers have come to rely upon."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.