® FA M I LY O W N E D S I N C E 19 5 8 2099 Southpark Ct., Suite 2 • Dubuque, IA 52003 563.556.3773 • Fax 563.582.8925 • 800.553.3642 For immediate release May 23, 2014 McCoy Group, Inc. and Stoops Freightliner announce acquisition (Dubuque, Iowa) McCoy Group, Inc. has entered into an agreement to purchase Stoops Freightliner – Quality Trailer, based in Indianapolis, Indiana. The sale will include all six Stoops locations in Indiana and Ohio, as well as Stoops NationaLease and JES Leasing LLC. This transition will be effective on or around July 1, 2014. With the acquisition of Stoops Freightliner, Truck Country will now own and operate 18 full service Freightliner dealerships, serving customers in Iowa, Wisconsin, Indiana and Ohio. This growth will allow the organization to expand sales, service, parts, and operational support to customers across the country. McCoy NationaLease will double in size, establishing a wider leasing network for their valued customers. The convergence of these two established and highly successful family owned dealership groups creates a pinnacle within the Freightliner community. The McCoy Group and the Stoops organizations have much in common, growing their businesses through years of hard work, integrity above reproach, and an unparalleled commitment to their talented employees and valued customers. Jeff Stoops will remain with the company as President to help oversee the transition to the new ownership. Stoops Freightliner sells Freightliner, Sprinter and Western Star trucks, in addition to Wabash, Transcraft, Timpte and East trailers. Stoops locations are all Elite Support certified, and include new and used truck sales, full service, parts, and leasing. Moving forward, Stoops Freighliner will be a division of Truck Country, a wholly owned subsidiary of the McCoy Group of Dubuque, Iowa. McCoy Group, Inc. is the holding company for six subsidiaries engaged in the truck and transportation industries, and is wholly owned and operated by the McCoy family. Truck Country® is a group of 18 full-service Freightliner dealerships in Iowa, Wisconsin, Indiana and Ohio. Tow Truck Country markets wreckers out of the Truck Country® network. Foodliner® ranks among the largest carriers in the bulkfood industry. Quest Liner® targets the beverage, chemical, and bio-fuel markets, specializing in total transportation management. Quest Logistics offers a transportation management team to assist with logistics. McCoy NationaLease is a full service truck and trailer commercial leasing and rental company. McCoy Group, Inc. corporate headquarters is located in Dubuque, Iowa. For more information contact: Ann Miller Director of Marketing 563-584-2636 [email protected] ###
© Copyright 2024