Titan Machinery Inc. announced that it has acquired Adobe CE, LLC, consisting of one Case Construction equipment dealership located in Albuquerque, N.M.
The Albuquerque location represents the company’s first dealership in New Mexico. The dealership is strategically located in Albuquerque to serve a 20 county area. In its most recently reported fiscal year, Adobe CE, LLC generated revenue of approximately $8 million.
David Meyer, Titan Machinery’s chairman and CEO, said, “We are excited to expand our construction equipment footprint into New Mexico, and we look forward to establishing our brand in this new market. New Mexico is strategically located between our Colorado and Arizona markets and has good market potential for new and used construction equipment and parts and service sales, as well as for associated rental demand. With this acquisition, Titan Machinery now has a contiguous Case Construction footprint from Arizona to the Canadian border.”
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