San Antonio-based Rush Enterprises, which operates the largest network of Peterbilt dealerships in North America, has bought El Paso Great Basin Trucks,
a Peterbilt dealership in El Paso, Texas.
The acquisition, for approximately $2.5 million in cash, gives Rush the exclusive rights to sell Peterbilt trucks and parts from two new locations in El Paso and Las Cruces, which encompasses most of west Texas and southern New Mexico.
Rush now operates 34 truck locations in 7 states. The company also operates John Deere construction equipment dealerships in Texas and Michigan, and three of the largest farm and ranch superstores in America.
Rush intends to operate El Paso Trucks as a full-service Peterbilt franchise, and will begin to integrate their operations into the Rush Truck Centers immediately.
"With the acquisition of this franchise, Rush is now the sole provider of Peterbilt new trucks, parts and service at every major United States - Mexico border crossing between south Texas and southern California," said W. Marvin Rush, chairman and CEO. "With the continued booming growth throughout the Southwest, coupled with the successful growth of NAFTA-related businesses, this acquisition is a great geographical fit for Rush."
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