FleetPride Acquires Truck Parts & Equipment of Wichita, Kansas
FleetPride, Inc. has acquired Truck Parts & Equipment, Inc. from the TP&E Employee Stock Ownership Plan.
The acquired entity dates back to 1924, and it has been 100% employee owned since 2001. The company is based in Wichita, Kansas, with additional locations in Topeka and Hays. Collectively, they will become the company’s first three branches in the state of Kansas.
“We are very excited about the acquisition of Truck Parts and Equipment. They have been a very successful independent distributor of heavy-duty parts for decades,” said FleetPride CEO Al Dragone. “The people of TP&E have experience and expertise second to none. We are lucky to have them.”
The acquisition of Truck Parts and Equipment will add to FleetPride’s nationwide network. The three new locations will give customers in Kansas easy access to the company’s national parts inventory, heavy duty expertise, and world-class supply chain. The Wichita location also offers a drive-in service shop and equipment upfitting to keep drivers Ready For The Road Ahead™.
Category: General Update, News
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