Power Equipment Co. acquired Golden Equipment Co., a full-service equipment dealer with locations in Albuquerque and Farmington, New Mexico and Durango, Colorado.
The acquisition strengthens Power Equipment’s presence in New Mexico and southern Colorado with additional equipment and support solutions in the rolling stock, compact, genset, crane and paving, and construction market aggregation segments.
Headquartered in Denver, Power Equipment currently has three additional locations in Colorado (Colorado Springs, Grand Junction and Greeley); one in Casper, Wyoming; one each in Albuquerque and Farmington, New Mexico, and one in Kansas City, Missouri.
Founded in 1985, Golden Equipment represents brands such as Volvo Construction Equipment, Cedarapids, Gomaco, Blaw-Knox, Entyre and more.
Power Equipment says that with these adjacent territories and synergies between key product lines like Volvo Construction Equipment and others, the company will be able to provide common resources, including machinery, parts inventory and service offerings.
“Golden Equipment has a strong heritage of providing customers with the highest quality equipment and service for more than 35 years, and we are thrilled to grow our business and join forces with such an outstanding team,” said Will Ricketts, President of Power Equipment . “Together we will realize our core values as committed, capable team players. These values have been instrumental in building Power Equipment Co. since 1936 and will be reflected in this partnership.”
Bill Golden, President and Founder of Golden Equipment Co. shares this excitement.
“We are very excited to be part of the Power Equipment family,” says Golden. “This is a perfect fit for our loyal employees and customers throughout New Mexico and Southwest Colorado. A win for all parties.”
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