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Stoops Freightliner–Quality Trailer reached an agreement to acquire TNT Trailer Sales, a full-service semi-trailer dealership located in suburban Detroit.
TNT Trailer Sales is a Wabash and Extreme Trailers dealership, specializing in new and used trailer sales.
Stoops Freightliner-Quality Trailers is a Wabash, Transcraft and MAC Trailer dealership.
Financial terms were not disclosed for the acquisition, expected to be finalized this spring.
“The purchase of TNT Trailer Sales is a natural acquisition for Stoops Quality Trailer, as we looked to expand our business impression beyond Indiana and Ohio,” Stoops Freightliner-Quality Trailer President Brian McCoy said in a release. “We look forward to not only serve new customers in Michigan, but also to have an expanded network of dealerships to serve our current customers, no matter where their travels take them.”
TNT Trailer Sales will keep its name, while all 32 teammates will be retained following completion of the acquisition, according to Stoops Freightliner.
Dubuque, Iowa-based Stoops Freightliner-Quality Trailer (a division of Truck Country) noted it is one of the largest Freightliner and Western Star truck dealership groups in the U.S. Truck Country and Stoops dealerships serve customers at 25 locations in Illinois, Indiana, Iowa, Ohio and Wisconsin. — Transport Topics
