Iowa Cat Dealer Altorfer Acquires Chicago Cat Dealer Patten Industries

Iowa-based Caterpillar dealer Altorfer has acquired Chicago-based Caterpillar dealer Patten Industries, the Caterpillar dealer in northern Illinois and northwest Indiana.
May 11, 2018

Iowa-based Caterpillar dealer Altorfer has acquired Chicago-based Caterpillar dealer Patten Industries, the Caterpillar dealer in northern Illinois and northwest Indiana. Altorfer is the Caterpillar dealer in eastern Iowa, northeast Missouri and central Illinois and the acquisition significantly expands its territory.

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

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

Altorfer is headquartered in Cedar Rapids, Iowa.

“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 of Altorfer Inc.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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