Nextran Truck Centers has entered into an agreement to acquire Kansas City-based Westfall GMC Truck, Inc. and Westfall-O’Dell of Colorado, Inc.
The transaction will be one of the largest Volvo Trucks or Mack Trucks dealer acquisitions in the last five years, and will expand Nextran's footprint from 18 locations across the Southeast to 25 locations across Florida, Georgia, Alabama, Missouri, Colorado, Kansas and Wyoming.
Founded in 1951, Westfall-O’Dell has grown to become one of the most respected dealer groups in the Midwest representing Volvo Trucks, Mack Trucks, GMC Trucks and Kalmar Ottawa. The addition of Westfall-O’Dell will expand Nextran’s industry leading sales, parts and service business to new markets across North America, while also adding GMC Trucks and Kalmar Ottawa to its lineup of world-class OEMs.
As part of Nextran’s growth strategy, Thursday's announcement marks Nextran’s third acquisition in the last 36 months, accelerating its strategic expansion initiative, the company says.
“Five years ago, we outlined an ambitious strategic plan that focused heavily on expanding our footprint and facilities, while also investing heavily into our employees, OEM partners and customers. The acquisition of Westfall-O’Dell demonstrates our steadfast commitment toward that goal,” says Jon W. Pritchett, president and CEO, Nextran Truck Centers. “I admire the fact that over the last 70 years, Westfall-O’Dell has built a first-class organization. Their company values, including an incredible focus on treating their employees and customers like family, are in direct alignment with Nextran’s core principles. We are tremendously excited for this new chapter and look forward to working with Westfall-O’Dell to ensure a successful integration of our teams.”
The Nextran and Westfall-O’Dell teams will work hand-in-hand to leverage the collective talent and resources from across the entire Nextran network. In addition to representing world-class OEMs, Nextran offers industry-leading experts in parts, service and sales including best-in-the-business technicians dedicated to a common goal of always moving customers and their businesses forward, the company says.
“We are proud of the reputation and customer base that we have built throughout the Midwest over the past 70 years,” says Mark O’Dell, owner, Westfall-O’Dell. “With Nextran’s acquisition, I am confident that we are placing our employees and customers in the best possible hands, and I look forward with pride toward the future of our organization.”
Upon completion of this transaction, Nextran says it will employ more than 1,200 team members and anticipates sales of over 4,500 new and used commercial trucks annually. It will also have a total capacity of 440 service bays across its 25 locations in seven states. The company says the closing of the transaction is expected early third quarter 2021.