Rush Enterprises Acquires Assets of Piedmont International Trucks

May 16, 2013

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Rush Enterprises Inc. announced that its subsidiaries have acquired certain assets of Piedmont International Trucks, which operates commercial truck dealerships in North Carolina. 

The acquisition includes International and Idealease franchises and locations in Asheville, Hickory and Statesville, North Carolina.

The purchase price for the assets, goodwill and the dealership properties that were purchased was approximately $3.5 million.

The newly acquired locations in North Carolina will operate as part of the company’s Navistar Division and result in the company operating 81 Rush Truck Centers in 15 states. The acquisition also expands the Company’s Rush Truck Leasing capabilities.

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