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Published in Breaking News

Fleet Engineers buys N.C. truck and trailer accessory manufacturer

BY MiBiz Staff Thursday, January 28, 2016 09:34am

MUSKEGON — Fleet Engineers Inc. of Muskegon has expanded its truck and trailer business with the acquisition of Charlotte, N.C.-based Save-A-Load Inc., a maker of cargo bars for tractor trailers and pickups.

Terms of the deal were not disclosed.

According to a statement, Save-A-Load has produced a hydraulic cargo-bracing bar since 1994.

Fleet Engineers President Wes Eklund said the product’s reputation and the company’s service model and efficiencies proved attractive in considering the deal.

Grand Rapids-based investment banking firm Charter Capital Partners served as the M&A adviser to Fleet Engineers, which makes and distributes products for the trucking indsutry, including aerodynamics, door systems and spray control, and truck and trailer parts and accessories.

Read 3544 times Last modified on Sunday, 31 January 2016 21:44
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