# Altec acquires Teupen Maschinenbau GmbH

Altec has completed its acquisition of Teupen Maschinenbau GmbH, a German designer and manufacturer of backyard aerial devices. The acquisition broadens Altec's global presence and complements its product portfolio for utility, telecom, tree care, and lighting sectors.

- Type: Acquisition
- Announced: 2024-04-22
- Where: Germany
- Status: completed
- Products: backyard aerial devices
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Altec](https://endata.com/companies/35459.md) (acquirer)
- [Teupen Maschinenbau GmbH](https://endata.com/companies/76942.md) (target)

## Sources

- [liftandaccess.com](https://www.liftandaccess.com/article/altec-expands-portfolio-with-acquisition-of-teupen-maschinenbau-gmbh), 2024-04-22: "Altec has completed its acquisition of Teupen Maschinenbau GmbH, a designer and manufacturer of backyard aerial devices since 1977."

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