Shyft Group Acquires Independent Truck Upfitters

The Shyft Group has acquired Independent Truck Upfitters (ITU), a service body and work truck upfitter based in the Midwest. The acquisition aligns with Shyft's Specialty Vehicles infrastructure focused growth strategy.

"ITU's unique products and capabilities are a fantastic complement to our existing portfolio, allowing us to offer even greater value to our collective customers," said John Dunn, president and CEO of the Shyft Group. "We look forward to working with ITU's team members, customers, and suppliers as we accelerate our growth and strengthen our market position."

ITU serves utility, construction, and fleet management companies with custom solutions, including bodies, crane packages, liftgates, and aftermarket accessories for commercial work trucks. Specializing in larger vehicles and complex service body upfitting, the ITU acquisition enables Shyft to enter new markets and capture a greater share of higher class-sized products.

“Shyft's commitment to operational excellence and customer focus aligns well with ITU. We look forward to the opportunities this acquisition will bring for our customers and team members,” said Tim Craft, CEO of ITU.