Nextran Truck Centers, a full-service, commercial truck dealer network, has entered into an agreement to acquire Kansas City-based Westfall GMC Truck and Westfall-O'Dell of Colorado.
The acquisition of Westfall-O'Dell expands Nextran's footprint from 18 locations across the Southeast to 25 locations across Florida, Georgia, Alabama, Missouri, Colorado, Kansas and Wyoming. This acquisition will be one of the largest Volvo Trucks or Mack Trucks dealer acquisitions in the last five years, Nextran officials said in a press release.
Founded in 1951, Westfall-O'Dell is a dealer groups in the Midwest representing Volvo, Mack, GMC, Isuzu and Kalmar Ottawa.
The addition of Westfall-O'Dell will expand Nextran's sales, parts and service business to new markets across North America, while also adding GMC and Kalmar Ottawa to its lineup of OEMs, Nextran said.
As part of Nextran's growth strategy, the s announcement marks Nextran's third acquisition in the last 36 months.
"Five years ago, we outlined an ambitious strategic plan that focused heavily on expanding our footprint and facilities, while also investing heavily into our employees, OEM partners and customers. The acquisition of Westfall-O'Dell demonstrates our steadfast commitment toward that goal," said Jon Pritchett, president and CEO of Nextran Truck Centers.
Upon completion of this transaction, Nextran will employ over 1,200 team members and anticipates sales of over 4,500 new and used commercial trucks annually. It will also have a total capacity of 440 service bays across its 25 locations in seven states. Closing of the transaction is expected early third quarter 2021.