Utility Trailer Manufacturing Co. announced that Florida Utility Trailers Inc. has acquired Utility Trailer Sales & Leasing in Miami, and that Utility Trailer Sales & Leasing officially has become a part of Florida Utility Trailers Inc. With the merger, terms of which were not released, Florida Utility Trailers now has locations in Orlando, Lakeland, Tampa and Miami.
“The acquisition is a part of our dealerships’ expansion plans to provide more available Utility inventory for customers in both the Central and South Florida area,” says Kelly Stephens, president of Florida Utility Trailers. “Peter Verbeeck, the president at Utility Trailers Sales & Leasing, and I have known each other for 19 years, and have always thought a merger would be beneficial to both of our dealerships.”
With the merger, Florida Utility Trailers – which provides parts, service and leasing options, as well as new and used Utility trailers – has hired more employees to expand its leasing business further and manage a larger volume of sales. Longtime employee Jack Beville has been appointed general manager for all four locations.