FleetPride Inc., a retailer of heavy-duty truck and trailer parts, announced that is has acquired the assets of Midwest Brake & Wheel Inc. and Gille Co. Inc. a separate entity. The new 40,000-square-foot facility is located at 1140 S. W. St. in Indianapolis.
The acquisition, terms of which were not announced, marks FleetPride’s second entrance into the Indiana market.Current owners Mark Bauer and Chris London will stay on with FleetPride – Bauer managing the branch and London in a sales capacity – and employment offers were extended to 15 additional team members.
“FleetPride wanted more direct access in the Indianapolis market,” said Lee Stockseth, FleetPride president and chief operating officer. “Midwest Brake & Wheel has a stellar reputation and brings a significant local customer base and a customer-focused philosophy that is complementary to FleetPride’s heavy-duty parts business. The combination of these two companies gives us the ability to serve our existing customers more effectively, as well as offer a broader range of product categories to all customers.”
W.M. McGee, FleetPride chairman and chief executive officer, said Indianapolis’ central location and Indiana’s highway network establishes a presence, improves FleetPride’s accessibility to customers and deepens its footprint. “We welcome the Midwest Brake & Wheel employees to the FleetPride family,” McGee said.