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Altec Expands Portfolio With Acquisition of Teupen Maschinenbau GmbH

Altec Expands Portfolio With Acquisition of Teupen Maschinenbau GmbH

Altec has completed its acquisition of Teupen Maschinenbau GmbH, a designer and manufacturer of backyard aerial devices since 1977. With a reputation for excellence, Teupen's products are crafted in Germany and distributed worldwide.

This strategic move significantly broadens Altec's global presence and perfectly complements its existing array of products and services tailored for utility, telecommunications, tree care, and lights and signs sectors.

“Altec is excited to be offering the Teupen product to customers across several of the company’s core industries,” said Paul Crane, Managing Director Altec Worldwide. “These products are designed with best-in-class reliability, durability and versatility in mind. They will allow us to provide our customers with a new type of equipment while still receiving the outstanding Altec experience they know and expect.”

Teupen's products will be made available to customers across multiple industries served by Altec. In the United States, Teupen North America, based in Charlotte, North Carolina, will handle imports and service. Martin Borutta, the former owner, will continue to lead operations in both the U.S. and Germany.

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