# Equipment Ontario acquires majority interest in Advance Construction Equipment

Equipment Ontario Incorporated announced on February 27, 2024, that it has acquired the majority interest of Advance Construction Equipment Limited. The Advance Equipment name will remain as a division of Equipment Ontario.

- Type: Acquisition
- Announced: 2024-02-27
- Where: Waterloo, Ontario, Canada
- Status: completed
- Products: construction and agricultural equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Equipment Ontario Incorporated](https://endata.com/companies/75886.md) (acquirer)
- [Advance Construction Equipment Limited](https://endata.com/companies/75887.md) (target)

## Sources

- [equipmentjournal.com](https://www.equipmentjournal.com/construction-news/equipment-ontario-acquires-advance-construction/), 2024-02-27: "Our employees and customers are like family. We wanted to partner with a company with the same morals and values."

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