# Alta Equipment Group acquires Ault Industries for $36 million

Alta Equipment Group acquired Ault Industries, a Canadian equipment distributor in Ontario and Quebec, for $36 million, expanding its construction equipment segment into Canada.

- Type: Acquisition
- Announced: 2023-11-02
- Where: Ontario and Quebec, Canada
- Value: $36.0M
- Status: completed
- Products: crushing and screening equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Alta Equipment Company](https://endata.com/companies/26547.md) (acquirer)
- [Ault Industries Inc.](https://endata.com/companies/73463.md) (target)

## Sources

- [thecanadianpressnews.ca](https://www.thecanadianpressnews.ca/globenewswire_press_releases/alta-equipment-group-acquires-ault-industries-expanding-construction-equipment-segment-to-canada/article_03d652cc-afc1-5863-98c8-cb5267137f5e.html), 2023-11-02: "The acquisition of Ault represents Alta's first investment in Canada for our growing construction segment."

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