tiprankstipranks
Trending News
More News >

Penske Automotive’s Premier Truck Group acquires River States Truck and Trailer

Premier Truck Group, an international medium-duty and heavy-duty commercial truck dealership group and a Penske Automotive Group company, announced the acquisition of River States Truck and Trailer, Inc. headquartered in La Crosse, WI. The acquisition is expected to add $200M of estimated annualized revenue for Premier Truck Group. “Premier Truck Group continues to grow our footprint to 48 locations throughout the United States and Canada. Our culture at PTG is to work as one network executing to deliver the best customer experience in North America, achieve operational excellence and maintain an exceptional place for our employees to work” said Ron Long, President and CEO of Premier Truck Group. “In addition to parts, service and truck sales, we will add collision centers with the Eagan and La Crosse locations expanding our nationwide heavy truck collision network to 12 locations. We look forward to representing the Freightliner and Western Star brands and serving customers in this new market for Premier Truck Group while leveraging our scale as we pursue operational efficiencies.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue