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Penske Automotive Group Unit Acquires River States Truck and Trailer
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Penske Automotive Group Unit Acquires River States Truck and Trailer
Jun 10, 2024 1:20 PM

03:51 PM EDT, 06/10/2024 (MT Newswires) -- Penske Automotive Group ( PAG ) subsidiary Premier Truck Group said Monday it acquired River States Truck and Trailer.

The acquisition is expected to add $200 million of estimated annualized revenue with five locations in Wisconsin and Minnesota, Premier Truck said.

Financial details of the transaction were not disclosed.

Price: 147.98, Change: -0.94, Percent Change: -0.63

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