Curated News
By: NewsRamp Editorial Staff
April 01, 2024

Jorden Industries Acquires Summit Trailer Sales, Inc. with the Help of Benchmark International

TLDR

  • The management team at Jorden Industries has acquired Summit Trailer Sales, Inc., expanding their market presence and product demand.
  • Summit Trailer Sales, Inc., known for client-centered business, has been acquired by Jorden Industries, expanding into new markets with high-quality trailers and dump beds.
  • The acquisition of Summit Trailer Sales, Inc. by Jorden Industries will contribute to the dump trailer industry and provide growth opportunities for the future.
  • Summit Trailer Sales, Inc., known for unique client-centered business, has been acquired by Jorden Industries, paving the way for expansion and new market presence.

Impact - Why it Matters

The acquisition of Summit Trailer Sales, Inc. by Jorden Industries, facilitated by Benchmark International, signifies the expansion and continued success of Summit Trailers in new markets. This news highlights the importance of strategic acquisitions in driving growth and innovation within the trailer industry. It also demonstrates the value of experienced M&A firms in facilitating successful transactions that benefit all parties involved.

Summary

Benchmark International is pleased to announce that the management team at Jorden Industries, owners of Clement Trailers and Hilbilt Trailers, has acquired Summit Trailer Sales, Inc. Summit Trailer Sales, Inc. has been manufacturing high-quality trailers and dump beds since its start in 1970. With new ownership, it is excited about expanding into different markets with a product that is in continuous demand. Clement Industries is a well-established manufacturer based in Minden, LA; for over 70 years, it has been the value leader in construction, dump, scrap, and demolition trailers. Its Clement and Hilbilt designs are a mainstay in the trailer industry. Jamey McMahon, Chairman of Jorden Industries, expressed excitement about adding the Summit Trailers brand to their inventory of dump trailer companies and expanding the Summit, Clement, and Hilbilt brands in new markets. Benchmark International facilitated the transaction between Summit Trailer Sales, Inc. and Jorden Industries, allowing for the continued growth and success of Summit Trailers.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Jorden Industries Acquires Summit Trailer Sales, Inc. with the Help of Benchmark International

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