Fleet Brake announced that it has entered into a binding letter of intent to acquire the assets of Pulse Heavy Duty in Dartmouth, Nova Scotia. It is intended by the parties that the LOI will be superseded by a formal definitive agreement, with closure expected prior to Dec. 15.

It is Fleet Brake’s intention to re-open the Pulse Heavy Duty location as a branch of Fleet Brake. Darin White, a principal of Pulse Heavy Duty, and a former branch manager and regional manager of Parts for Trucks, has partnered with Fleet Brake to lead its Halifax operations. He will be joined by his wife Janice Rigby, former sales support manager at Parts for Trucks. Fleet Brake will provide further updates by way of news releases when a formal agreement is signed.