Deal snapshot: Alta Acquires Ginop Sales to Expand Product Portfolio of Construction Equipment.

MANews-(C)2009-2021

US-based equipment dealership platform Alta Equipment Group Inc. (NYSE: ALTG) has agreed to acquire the stock of Michigan-based equipment distributor Ginop Sales, Inc. to expand footprint of construction equipment to 10 locations in Michigan, the company said.

Ginop Sales, Inc., generated approximately USD 65m in revenue and had adjusted EBIT of approximately USD 6.5m for the...

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