FleetPride Acquires Oklahoma Truck Supply
Feb 26, 2008 2:47 PM
FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck parts, announced today that it is expanding its national reach with the acquisition of certain assets of Oklahoma Truck Supply in Tulsa, Oklahoma.
"Oklahoma Truck Supply was chosen for several reasons. They have a solid 30-plus year reputation in Tulsa. Prior to this expansion, FleetPride had four branches in Oklahoma -- one in Del City and three in Oklahoma City -- and one in Little Rock, Arkansas, but nothing in between. With this acquisition, FleetPride will shorten the gap between our Central Region branches. This in turn means faster sourcing for hard to find and specialty parts and more efficient delivery," said Lee Stockseth, VP Central Region.
"We are now strategically positioned to quickly service our national accounts as well as our existing customers across Oklahoma and Arkansas. The Tulsa acquisition is an important element in our external growth strategy. By seeking out companies that provide an instant customer base in new locations, we will expand our competitive position," said Todd Dunn, President and CEO.
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