TruckPro announces it has purchased CCI Corporation (CCI) from Illinois Tool Works Inc. Terms of the transaction were not disclosed.
According to TruckPro, CCI is a leading network of commercial vehicle parts and service locations, with 100 retail stores, service shops and distribution center locations in the U.S. and Canada. CCI’s product offering includes full drivetrain, power take-off, suspension, brakes, hydraulics and related products, as well as repair and rebuilding services, the company says.
“The addition of CCI to TruckPro’s existing business positions TruckPro as a leading provider of heavy-duty truck and trailer products and advanced repair services in North America,” says Steve Riordan, TruckPro’s chairman and CEO. “CCI has a rich history in the gear and drivetrain segments, which are an excellent complement to the broad, heavy-duty product offerings of TruckPro. Also, TruckPro and CCI share the same culture of providing world-class customer service, respecting our core supplier partners and treating our associates like family.”
The acquisition substantially increases the scale and scope of TruckPro’s operations, the company says. The newly combined company has 165 locations, a significant Canadian presence and a strengthened product and service offering in the gearing and drivetrain categories, the company says.