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Thompson Distribution announced it acquired Landmark Trucks of Knoxville, Tenn. Terms were not disclosed.
Landmark Trucks is an authorized International dealership (International is a brand of Navistar Inc.) serving the Knoxville area with main locations in Knoxville, Morristown and Cookeville. It offers new and pre-owned trucks as well as leasing and rental opportunities and trailer sales. Its service department provides maintenance, repairs and emergency service, according to Nashville-based Thompson Distribution.
“We see in Landmark Trucks a well-run business with a large and loyal customer base situated in highly visible locations,” John Thompson, CEO of Thompson Distribution, said in a release. “Landmark already brings value to customers who depend on their outstanding service department. Their culture aligns well with other Thompson Distribution companies in their emphasis on building lasting relationships and with a premium customer experience. We also love the family atmosphere of Landmark and are encouraged by the existing company culture.”
Thompson Distribution noted it invests in value-add dealership and distribution businesses with a view toward long-term sustainable growth. — Transport Topics
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