Altorfer Holdings has acquired Patten Industries, expanding its territory into northern Illinois and northwest Indiana.
Altorfer, which operates the Cat dealership in East Peoria, Ill., also has dealerships in eastern Iowa and northeast Missouri. It is headquartered in Cedar Rapids, Iowa.
“I am excited and humbled by the opportunity to welcome the dedicated employees of Patten into the Altorfer family," Derek Altorfer said in the release announcing the sale. "Together we will build upon the traditions of both companies in addition to providing a level of customer service unmatched by anyone else.” Altorfer is president of both companies.