Altec Engineering Group On The Acquisition Trail
Date Added 24/03/2016
Altec Engineering Group announced today the acquisition of Newton Aycliffe-based Hydrofit Alliance.
Alastair Waite, CEO of Altec Engineering, said: ‘Having acquired Quick Hydraulics last October, this was an excellent opportunity to do something really transformational within the hydraulics sector. “Quick Hydraulics and Hydrofit both have excellent reputations and their strengths are highly complementary to each other, and to the wider Altec Group. The expanded Altec hydraulics division immediately becomes the largest specialist hydraulic engineering business within Yorkshire and the North East.”