Altorfer Holdings Inc. Acquires Patten Industries, Inc.

Cedar Rapids, Iowa (May 9, 2018) – Altorfer Holdings Inc. is pleased to announce that it has acquired Patten Industries, Inc., the Caterpillar^® dealer in northern Illinois and northwest Indiana. The acquisition expands the Caterpillar^® service territory currently managed by the Altorfer family. The Altorfer family also operates and manages Altorfer Inc., the Caterpillar^® dealer in eastern Iowa, northeast Missouri and central Illinois.

“I am excited and humbled by the opportunity to welcome the dedicated employees of Patten Ind. into the Altorfer family. Together we will build upon the traditions of both companies in addition to providing a level of customer service unmatched by anyone else”, said Derek Altorfer, President of both companies.

Together, the companies bring 147 years of experience to serving Caterpillar customers.

“We look forward to serving customers in northern Illinois and northwest Indiana and pledge to bring ownership and operational efficiencies to help enhance their success” said Bruce Altorfer, Chairman, Altorfer Inc.

About Altorfer Inc.
Since 1957, Altorfer Inc., headquartered in Cedar Rapids, IA has served the construction, agriculture, landscaping and trades, manufacturing, material handling, rental, mining, governmental, trucking and power generation industries.

For more information, visit www.altorfer.com, call 319-365-0551 ext. 2238, or visit Altorfer Inc. on Facebook (www.facebook.com/AltorferCaterpillar).

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