FleetPride acquired Wheelco Truck & Trailer Parts and Service. The move expands FleetPride's footprint across South Dakota, Minnesota, Iowa, Nebraska and Wisconsin.
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"Wheelco has prided itself on being a customer-driven company for over 62 years," says owner Steven P. Stich. "We do whatever it takes to win with our customers every day, and I'm very excited to join forces with a company like FleetPride that does the same. Their national parts and service presence, extensive resources and opportunities for growth will be a great asset for our customers and our employees."
Wheelco has six retail parts locations, two service centers, a distribution center and the Wheelco Manufacturing Components OEM division.
"We are honored that Steve Stich chose FleetPride to carry on the legacy of his family business," FleetPride President Mike Harris says. "We knew early in the process that Steve and his leadership team were going to integrate very well with our vision, values and purpose. In fact, several of our stated values are identical — all centered around people, customers and safety. With such a strong culture, this is a high-fit business which will make FleetPride stronger end to end."
With the acquisition, FleetPride is creating a new OE solutions division by combining the Wheelco Manufacturing Components with FleetPride's OE trailer axle division.
"We're taking advantage of the combined capabilities to expand our presence in this segment by providing innovative solutions for air brake axles dressed to customer specifications, suspensions and kitting solutions designed to create production efficiencies for our OEM customers," Harris says. "Our team members are very excited to bring extensive industry knowledge and capabilities together under the new OE solutions division.