Reading Truck Group announced it has signed an agreement to acquire Auto Safety House, a commercial truck solutions provider and bus dealer.
Auto Safety House has three locations in Arizona. Reading Truck will now have 22 locations in the U.S. after the acquisition from W.W. Williams Company.
“Auto Safety House is an excellent complement to Reading Truck’s focus on providing exceptional customer service and total solutions to the commercial vehicle industry,” said Alan Farash, president and COO of Reading Truck Group. “With more than 75 years in operation, they have established themselves as outstanding partners to their customers and embody the American heritage and craftsmanship that the Reading Truck brand has come to symbolize, a legacy in which we look forward to building upon.”
The addition of Auto Safety House helps the portfolio of business units owned by JB Poindexter & Co, a manufacturing and commercial transportation business enterprise.
“This acquisition is representative of our commitment to growth, to extending our brand and to delivering greater customer value to our growing community,” said Eric McNally, VP of Sales & Marketing for Reading Truck Group.
Auto Safety House was founded in 1917 and has now expanded to two locations in Tucson and Holbrook.
The financial terms of the transaction are not disclosed. The transaction is subject to customary closing conditions. Benesch, Friedlander, Coplan & Aronoff LLP served as legal counsel to W.W. Williams Company.