Titan Machinery this week acquired Adobe CE LLC, consisting of one Case Construction equipment dealership located in Albuquerque, N.M.
The Albuquerque location is Titan Machinery’s first dealership in New Mexico. It is strategically located in Albuquerque to serve a 20-county area. In its most recently reported fiscal year, Adobe CE generated revenue of approximately $8 million.
“We are excited to expand our construction equipment footprint into New Mexico, and we look forward to establishing our brand in this new market,” said David Meyer, Titan Machinery’s chairman and CEO. “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.”
Titan Machinery, headquartered in West Fargo, N.D., owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. The Titan Machinery network consists of 106 North American dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona and New Mexico, including two outlet stores, and 13 European dealerships in Romania, Bulgaria, and Serbia.