# Alta Equipment Group to acquire Ecoverse Industries for undisclosed sum

Alta Equipment Group announced a definitive agreement to acquire Ecoverse Industries, a distributor of environmental processing equipment based in Avon, Ohio. The acquisition gives Alta master dealer rights for North America and is expected to be immediately accretive.

- Type: Acquisition
- Announced: 2022-10-18
- Where: Avon, Ohio, United States
- Status: announced
- Products: environmental processing equipment, biofuel equipment, composting equipment, waste and recycling equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Alta Equipment Company](https://endata.com/companies/26547.md) (acquirer)
- [Ecoverse Industries](https://endata.com/companies/65868.md) (target)

## Sources

- [investors.altg.com](https://investors.altg.com/news/news-details/2022/Alta-Equipment-Group-to-Acquire-Ecoverse-Industries-Creating-Additional-Business-Segment/default.aspx), 2022-10-18: "The acquisition of Ecoverse is exciting for our business as it represents our first investment into large-scale equipment distribution, giving us the master dealer rights to distribute best-in-class environmental equipment to dealers and customers throughout North America."

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