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HOLT Truck Centers Expands Operations with Kyrish Acquisition

HOLT Truck Centers Expands Operations with Kyrish Acquisition

HOLT Truck Centers Expands Operations with Kyrish Acquisition

Recently, HOLT Truck Centers, a prominent division of HOLT Group, announced the acquisition of Kyrish Truck Centers. This strategic move significantly strengthens HOLT Truck Centers' position in the truck dealership arena and enhances their service offerings.

Growth through Acquisition

By acquiring Kyrish Truck Centers, which operates a robust network of 20 International Motors, Fleetrite Truck Parts, Idealease, and Longhorn Bus dealerships, HOLT Truck Centers now boasts a total of 35 locations. This achievement positions them as the third-largest International Motors dealership in the United States—a testament to their commitment to growth and innovation.

Comprehensive Services Offered

HOLT Truck Centers, known for its dedication to customer service, provides a wide range of services. They offer parts and maintenance for all makes of trucks, RVs, and trailers. From engine rebuilds and diagnostics to emergency services that include brakes, drivelines, and transmissions, HOLT Truck Centers ensures they meet diverse customer needs efficiently.

Commitment to Family Values

Bert Fulgium, the senior vice president of HOLT Group, expressed the significance of this acquisition. He emphasized that despite the expansion, the company remains true to its family-owned principles. HOLT Truck Centers continues to prioritize customer satisfaction as an integral aspect of their operations.

Kyrish Truck Centers Overview

Founded in 1976, Kyrish Truck Centers has a long-standing history as a family-owned and operated business. They are recognized as a leading dealer of medium-duty, heavy-duty, and severe-service duty trucks in Texas. With this acquisition, HOLT Truck Centers is set to extend its reach in the bustling Dallas/Fort Worth area, as well as in Austin, Houston, and the expansive Rio Grande Valley.

Impact on Employees

A notable aspect of this deal is the seamless transition for Kyrish Truck Center employees. The 550 individuals employed by Kyrish will retain their positions and continue operations from their existing locations as part of the HOLT Truck Centers family. The Longhorn Bus brand will also persist under its current identity, preserving its role as the authorized IC Bus dealer in Texas.

About HOLT Truck Centers

HOLT Truck Centers stands as a trusted dealer for International, IC Bus, and Idealease across various regions, including Oklahoma and North and East Texas. Their extensive network of dedicated service bays is equipped to handle comprehensive work on trucks and buses, ensuring that they meet customer demands for quality service.

With access to a vast inventory of new and used on-highway trucks, trailers, and specialized equipment, HOLT Truck Centers is well-prepared to address the requirements of their clientele. Their offerings also include a variety of other notable manufacturers, ensuring that they provide a broad selection of vehicles and equipment.

This acquisition is not just about scaling business; it's about upholding the core values that have defined HOLT Truck Centers since its inception. The commitment to family, service, and quality will remain at the forefront of their mission.

Frequently Asked Questions

What prompted HOLT Truck Centers to acquire Kyrish Truck Centers?

The acquisition aimed to expand HOLT Truck Centers’ presence and enhance their service offerings in the truck dealership market.

How many locations does HOLT Truck Centers currently have?

With the acquisition, HOLT Truck Centers now operates a total of 35 locations across Texas.

What types of services does HOLT Truck Centers provide?

HOLT Truck Centers offers parts and service for trucks, RVs, and trailers, including maintenance and emergency services.

Will Kyrish Truck Center employees keep their jobs after the acquisition?

Yes, the current employees of Kyrish Truck Centers will retain their positions and continue operating from their existing locations.

Who is HOLT Truck Centers' primary customer base?

HOLT Truck Centers serves a diverse clientele, including truck owners needing parts and maintenance, as well as fleets requiring specialized services.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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