FleetPride Acquires Midwest Brake & Wheel
July 30, 2012
Truck and trailer parts giant FleetPride has acquired the assets of Midwest Brake & Wheel and Gille Company.
The new 40,000-square-foot facility is located at 1140 S West Street, Indianapolis, Indiana. This acquisition marks FleetPride's second entrance into the Indiana market.
Midwest Brake & Wheel was founded in 1955 as Midwest Brake & Electric. In 1986, Elmer Bauer and sons purchased the business, renaming it to its present brand in 1997. Current owners Mark Bauer and Chris London will stay on with FleetPride, Bauer managing the branch and London in a sales capacity. Employment offers were extended to 15 additional team members.
"FleetPride wanted more direct access in the Indianapolis market," said Lee Stockseth, FleetPride President and COO. "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."
FleetPride operates 250 locations in 45 states and carries a full line of nationally recognized, brand-name parts, as well as an assortment of exclusive-brand parts. In addition, FleetPride offers in-house remanufactured products such as brake shoes and driveline components. Truck and trailer repair services are also offered at a number of locations.