Premier Truck Group (Penske) Acquires River States Truck and Trailer
June 10, 2024
Premier Truck Group, a Penske Automotive Group company, acquired River States Truck and Trailer, Inc., a La Crosse, Wisconsin-based commercial truck dealership and repair business. The deal adds five facilities across western Wisconsin and eastern Minnesota, expands Premier's footprint into new markets, and is expected to contribute roughly $200 million of estimated annualized revenue.
- Buyers
- Premier Truck Group, Penske Automotive Group
- Targets
- River States Truck and Trailer, Inc.
- Industry
- Trucking & Fleet
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
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