Trade Resources Company News FleetPride Acquired The Assets of Republic Diesel Truck Parts and Service Business

FleetPride Acquired The Assets of Republic Diesel Truck Parts and Service Business

FleetPride, Inc., the nation's largest independent distributor of aftermarket heavy-duty truck and trailer parts, announced today that it has acquired the assets of Republic Diesel truck parts and service business.

The acquisition includes Republic Diesel's heavy-duty parts and service operations in Jeffersonville, Indiana, as well as Kentucky locations in Louisville (Jennings Lane), Lexington, and Prestonsburg. Republic Diesel will continue to operate its driveline repair, machining and yard truck businesses in Louisville; Tri-State Machine in Harrogate, Tennessee; Center Diesel & Machine in Akron, Ohio; and Capacity Yard Trucks in Jeffersonville, Indiana.

"With the addition of Republic Diesel, FleetPride will now operate eight locations in Kentucky and Indiana, expanding our coverage to both sides of the Ohio River. This union provides Republic Diesel's customers with access to FleetPride's national parts inventory, heavy duty expertise and efficient distribution network. In turn, it provides FleetPride with an expanded customer base, additional quality drive-in service options within close proximity, and conveniently located storefronts," explained Kevin Peters, CEO, FleetPride.

"This acquisition will strengthen FleetPride's ability to meet our customers' drive-in repair service needs in the region. Twelve ASE Certified bays are included in the deal: six in Lexington, Kentucky and six in Jeffersonville, Indiana. Service offerings include DOT inspections, on-site inspections, on-site PM and service work, complete computerized ABS and engine diagnostics, brake repair and more," Peters continued.

"FleetPride offers a vast inventory of nationally recognized brand-name parts as well as quality exclusive-brand parts. Their expansive product line coupled with our local expertise will allow our customers to be better served than ever before," explained Steve Gettelfinger, President and CEO, Republic Diesel, Inc. "We spent considerable time analyzing our growth options and concluded that the best plan for both our employees and customers was to become part of the FleetPride team."

"I could not be more pleased about the combined future of our two companies," said Peters. "Like FleetPride, Republic Diesel has a strong reputation in the industry, which is supported by long-standing customer relationships. Leveraging the respective strengths of our two companies and our employees will only further enhance our ability to continuously exceed customer expectations."

 

Source: http://www.automotive-business-review.com/news/fleetpride-acquires-republic-diesel-truck-parts-and-service-business-120814-4342082
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Fleetpride Acquires Republic Diesel Truck Parts and Service Business
Topics: Auto Parts