Capral Acquires Altec Extrusions

Capral is pleased to announce that it has acquired Altec Extrusions. An aluminium distribution business located in Deception Bay, Queensland servicing the Brisbane, Logan, Moreton, Redlands, Sunshine Coast and Toowoomba regions.

The acquisition comes as part of Capral’s commitment to expanding its distribution footprint to ensure it has Aluminium Trade Centres and distribution hubs strategically located throughout Australia.

Capral’s Southeast Queensland Regional Manager, Peter Bulka comments:

“Capral Aluminium is connected via an Australia-wide regional distribution network. Our philosophy is that wherever our customers are, they should feel that Capral Aluminium is just around the corner. The acquisition of the Altec Extrusions business located in Deception Bay QLD is an important part of our long-term commitment to supporting Australian trades and manufacturers with reliable access to aluminium products.”

The Altec business was established by Mick Hodges and Donna Campbell and has built a reputation for consistency, reliability, and value amongst its regular clients. Altec Extrusions has traditionally serviced a range of individual and trade customers from diverse industry sectors, including Fencing, Screens, Motor Bodies, Bullbars, Caravans, Canopies, Vehicle Modifications, and a range of other aluminium products.

“I would like to take this opportunity to thank Mick and Donna for creating a great business that prides itself on excellent service. We wish them both well as they embark on the next stage of their lives.” Said, Peter

“Whilst the business will be rebranded as a Capral site, we are excited to be able to maintain the same high levels of service Altec customers have come to expect. We look forward to supporting local customers’ needs through our extensive product range and access to aluminium extrusion sheet and plate stocks nationally.”

Capral Aluminium operates a strategic network of manufacturing and distribution centres producing and distributing a wide range of aluminium products. Capral has extrusion manufacturing facilities located in Queensland, Victoria, New South Wales, South Australia, and Western Australia, all supplying world-class products at short lead times.

“This is an important acquisition for Capral as we continue to expand our distribution footprint throughout Australia”, comments Capral CEO Tony Dragicevich. “Altec is a well-established and well-regarded distribution business, and we are pleased to provide stability and ongoing aluminium supply to its customers. We view this strategic acquisition as an opportunity to strengthen further our position as the leading Australian aluminium product distributor ” says Tony.

The acquisition takes effect on 26th August 2022.