Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”) today announced that it has entered into a definitive agreement to acquire Yale Industrial Trucks, Inc. (“YIT”), a privately held Yale lift truck dealer with five locations in southeastern Canada. The company provides sales, service, and rental of material handling equipment throughout its territory, which encompasses Canada’s two largest population centers of Toronto and Montreal. YIT has been a successful dealer since 1972, has more than 140 employees, 75 of which are service technicians and is headquartered in Woodbridge, Ontario.
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