The acquisition aims to strengthen and accelerate its connect and scale strategy.
This was the 12th FleetPride acquisition in 2022 with continued expansion of its national parts and service operations.
Safe Fleet has acquired Kerr Industries and its subsidiaries including Crown North America, which are vehicle upfitters serving the emergency and law enforcement markets. With upfit locations in Toronto, Dallas, Detroit, and Chicago, they partner with OEMs and other automotive parts and accessories manufacturers. Kerr and Crown add upfit services to Safe Fleet Law Enforcement’s
AMPLY Power is becoming part of bp global electrification brand, bp pulse. bp acquired the fleet EV charging and energy management provider in December 2021. AMPLY Power has seen continued growth as it helps fleets accelerate the transition to EVs. This success lays the foundation for bp pulse’s expansion in the fleet electrification sector in the Americas
Interstate Companies has reached an agreement to purchase the assets of Lodi Truck & Equipment (Lodi) in Sacramento, Calif. Financial details of the purchase were not released by the privately held companies. The deal adds momentum to Interstate’s growing final stage manufacturing business, adding new employees and its first brick and mortar location in California,
FleetPride recently announced that it has acquired the assets of Keystone Spring Service, family owned by brothers Greg and Jason Valant. Founded in 1973 by their father and grandfather, Edward Valant Jr. and Edward Valant Sr., along with Chuck Haugh, Keystone Spring Service has provided specialized parts and services in suspension, wheel end, driveline, hydraulics, as
Fullbay has recently acquired Dieselmatic Digital Inc., the digital marketing agency focused exclusively on diesel repair shops. The acquisition layers the digital marketing services of Dieselmatic onto the shop management software Fullbay already offers to help drive demand for repair shop businesses. Terms of the acquisition, which closed April 1, were not disclosed. Dieselmatic is known
FleetPride Inc., a distributor of truck and trailer parts and service in the independent heavy duty aftermarket, announced that it has acquired the assets of Portville Truck & Auto Repair, founded, and owned by Chris Travis. Along with their two main locations in Portville, N.Y., the company also operates Fat Cat’s Recovery and Repair in
Tuesday is off to a rocking start with the announcement that Cummins acquired Meritor. In the name of getting info out as quickly as possible, here’s a transcript of the call Cummins and Meritor held with analysts this morning. We’ll have more follow-ups and analysis as we’re able to work through the information and follow
Cummins Inc. and Meritor Inc. announced that they have entered into a definitive agreement under which Cummins will acquire Meritor. Under the terms of the agreement, Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of acquired cash. “This agreement with
Ascend LLC, a dry van, full truckload carrier announced it has acquired Dedicated Transport Solutions (DTS), of Greenville, S.C. The acquisition of DTS expands Ascend’s dedicated contract carriage business and further broadens the company’s footprint while building network density. The addition of DTS strengthens Ascend’s coverage of the southeastern seaboard in North Carolina, South Carolina,
Schneider, provider of transportation, intermodal and logistics services, announced the company is growing its dedicated operations with the acquisition of Ohio-based truckload carrier, Midwest Logistics Systems (MLS). “Preserving the MLS identity is essential. The carrier’s family-owned nature combined with its strong culture and customer service make it a valuable contributor for growing Schneider’s dedicated operations,”