# Mills acquires Altoplat for R$72.5 million

Mills, a Brazilian platform and equipment rental company, acquired Altoplat, the largest aerial platform rental company in Porto Alegre, for R$72.5 million. The deal adds over 400 units to Mills' fleet.

- Type: Acquisition
- Announced: 2021-12-06
- Where: Porto Alegre, Rio Grande do Sul, Brazil
- Value: $13.0M (72.5M BRL)
- Status: completed
- Products: aerial work platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Mills](https://endata.com/companies/59518.md) (acquirer)
- [Altoplat](https://endata.com/companies/59519.md) (target)

## Sources

- [bloomberglinea.com.br](https://www.bloomberglinea.com.br/2021/12/06/mills-compra-maior-locadora-de-plataformas-elevatorias-de-porto-alegre/), 2021-12-07: "Depois da compra da SK Rental, a aquisição da totalidade do business de plataformas elevatórias da Altoplat fortalece ainda mais a posição da Mills como referência em todo o território nacional."

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