![]() ![]() "Many of our employees and employees of the dealerships we acquired worked very hard to ensure this acquisition closed by year-end. I would like to personally thank them all for their efforts over the last two months and welcome all of our new employees in Ohio to the Rush Enterprises family." We appreciate the support provided by representatives of Navistar, Isuzu and Idealease to help get this transaction closed in a very quick timeframe." "Rusty" Rush, the Company's Chief Executive Officer and President. "Acquiring service points in most of the key markets in Ohio demonstrates our commitment to expand service solutions for our customers wherever they operate. We are excited to enter the Ohio market with Navistar's International and IC Bus brands, Isuzu trucks and Idealease. " Ohio is a key market for many of our large fleet customers," said W. The newly acquired locations in Ohio will operate as part of the Company's Navistar Division and result in the Company operating 78 Rush Truck Centers in 15 states. The acquisition also expands the Company's Rush Truck Leasing and Rush Bus Centers capabilities. The purchase price for the assets, goodwill and the three dealership properties that were purchased was approximately $107 million. The Company will finance approximately $71 million of the purchase price under its floor plan, accounts receivable, and lease and rental truck financing arrangements. The Company expects the acquisition to be accretive to future earnings. The acquisition includes International, IC Bus, Isuzu and Idealease franchises and locations inĪkron, Cincinnati, Cleveland, Columbus, Dayton, Findlay and Lima, Ohio. (Nasdaq:RUSHA) (Nasdaq:RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that its subsidiaries have acquired certain assets of MVI Group, which operates commercial truck and bus dealerships in Ohio under the names of Miami Valley International, Center City International, CCI North Coast and Buckeye Truck Centers. 2, 2013 (GLOBE NEWSWIRE) - Rush Enterprises, Inc. You can update and customize information listed here.SAN ANTONIO, Jan. ![]() Rush Truck Sales has the largest Peterbilt inventory in North America, and a comprehensive all-makes parts catalog of over 9,000 SKUs.Ĭlaim this business page if you are associated with Rush Truck Centers - Cleveland. ![]() That’s why we can say with confidence when it comes to trucking, no one offers you more. Since 1965, we've earned our reputation for excellence, fairness, positive attitude and solutions that exceed customer expectations. ![]() We provide our customers an integrated, one-stop approach to the service and sales of new and used heavy- and medium-duty trucks, aftermarket parts, service and collision repair capabilities, and a range of financial services including financing, insurance and leasing and rental options. With over 120 locations from coast to coast, no one can match our network reach and scale. More than a dealer network, Rush Truck Centers is the premier solutions provider for the commercial vehicle industry. ![]()
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