Randolph, United States- Fultra., the parent company of Fruehauf announced the acquisition of East Manufacturing, an American producer of aluminum flatbed, drop deck, dump, round bottom, and trash trailers as well as steel dump trailers and aluminum truck bodies.
Mr. Jorge Martinez, CEO of Fultra said, “We are thrilled to welcome East Manufacturing to the family,” said. “East really fits with our vision to be the trusted solutions partner for the commercial vehicle market in North America. We are confident that our employees and communities as well as customers, dealers and suppliers, will benefit from our combined strengths. We are honored and proud to be the stewards of two iconic brands like East and Fruehauf in North America.”
Mr. Robert Bruce, co-founder of East, said that though a lot of companies eyed at buying East, Futura was selected on the basis of their employee relationship, customer and communities relationship.
Mr. Tom Wiseman who will take over the helm of East, as CEO of both East and Fruehauf Inc. commented that East would continue to function as a standalone entity comprising of the present management and employees.
Financial and legal counsel were provided to Fultra by Kaluz, S.A. de C.V. and Astudillo, Rodriguez y Gonzalez Sandoval and Duane Morris LLP, respectively. KeyBanc Capital Markets Inc. provided East with advice, and Baker & Hostetler LLP provided legal counsel.
About East Manufacturing Corp.
For the commercial vehicle, construction, agricultural, and refuse markets, East Manufacturing Corp. manufactures a complete line of aluminum flatbed, drop deck, dump, round bottom, and refuse trailers as well as steel dump trailers and aluminum dump bodies.
About Fultra
For motorized transportation equipment in North America, Fultra is a dependable solutions partner. The business, has 68 sites and more than 2,500 people, include Fruehauf North America, Amparts-Promare, and Sierra Norte (International Dealer and Idealease Affiliate).
About FruehaufNorth America
With the invention of the first semi-trailer in 1914 in Detroit, Michigan, Fruehauf became the industry pioneers with a century of history. Thanks to Fultra, a plant that made dry vans and supplied the American market for 25 years has recently relocated back to the United States. It has 23 Dealers who are dedicated to meeting the needs of the consumers; parts and service are accessible through a legitimate and reputable Dealer.
%201.png&w=96&q=75){kind=small}
%201.png&w=96&q=75){kind=small}
%201.png&w=96&q=75){kind=small}
%201.png&w=96&q=75){kind=small}
%201.png&w=96&q=75){kind=small}
