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Acquisition


Clement Industries Ownership Group Acquires Summit Trailer Sales Inc.

In a strategic move aimed at expanding market presence and enhancing product offerings, the ownership group at Jorden Industries, owners of Clement Trailers and Hilbilt Trailers, announced the acquisition of Summit Trailer Sales Inc....


Morgan Truck Body Acquires Transit Truck Bodies Inc.

Morgan Truck Body LLC has acquired Transit Truck Bodies Inc. (Les Fourgons Transit Inc.), a well-established manufacturer of truck bodies in Laval, Quebec, Canada. The acquisition of Transit increases the total number of Morgan Truck Body locations to 14 manufacturing facilities in North America....


Bay Crane Companies Makes Strategic Entry Into Baltimore, Washington, D.C., Area Market

The Bay Crane Companies Inc., one of the 10 largest providers of crane services in the North America, announced the acquisition of two leading crane service companies in the Mid Atlantic region from ML Holdings: United Crane & Rigging and Crane Rental Company Inc....


Taylor Group Announces Acquisition of Controlling Shares of CVS Ferrari

The Taylor Group of Louisville, Miss., announced the acquisition of 85 percent of the shares of CVS Ferrari (CVS) from NEIP III and BP. The Taylor Group is a large group of subsidiary companies ranging in goods and services from material handling equipment and container handlers to generators to construction equipment to parts and service centers and fleet management....


Steel River Acquires WHECO, Broadening Reach, Capabilities to Build Comprehensive Lifting Platform

Steel River, a catalyst for the next generation of industrial services, announced that the company has acquired WHECO, a global provider of crane and heavy-equipment repair, restoration and inspection....


Volvo Completes Acquisition of Battery Business From Proterra Inc., Proterra Operating Company

The Volvo Group has completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, which was made at a purchase price of USD 210M before adjustment for inventory level at closing, includes a development center for battery modules and packs in California and an assembly factory in Greer, S.C....


Fay & Wright Excavating Acquires Blastech Inc.; Forms New Company

Fay & Wright Excavating, one of the largest custom rock crushing service providers in the Northeast, recently announced that its ownership team has acquired the assets of Blastech Inc. Forming a drilling and blasting company to work in conjunction with its custom crushing is not a new idea — this is a concept Fay & Wright has been providing for some time....


Parman Holdings Corporation Acquires Cleburne Farm Supply

Parman Holdings Corporation, an employee-owned company, is set to acquire Cleburne Farm Supply (CFS) in January 2024. CFS will operate as a second location for Parman Tractor & Equipment (PT&E), a subsidiary of Parman Holdings....


Palmer Johnson Enterprises Acquires South Carolina-based Continental Engines Inc.

Palmer Johnson Enterprises has acquired Greenville, S.C.-based Continental Engines LLC, a leading distributor specializing in diesel engines and generators. The Continental acquisition is a significant step in Palmer Johnson's nationwide expansion and its commitment to diversifying its offerings within the offhighway equipment industry....


Vanguard Truck Centers Acquires Nacarato Truck Centers, Becoming One of Volvo Trucks' Largest Dealer Groups

Volvo Trucks North America announced that its independent authorized dealer Vanguard Truck Centers, a full-service commercial truck dealer group and leasing operation, acquired Nacarato Truck Centers to become one of Volvo Trucks' largest dealer groups in North America....







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