Eight New Location in Georgia Expand Rush Truck Centers Nationwide Network
Press release from the issuing company
Wednesday, May 6th, 2015
The subsidiaries of Rush Enterprises, Inc., which operates the largest network of commercial vehicle dealerships in North America, have acquired certain assets of Yancey Truck Centers, located in Georgia. The acquisition includes International Truck dealerships in eight locations in central Georgia and an Idealease truck rental and leasing operation in Albany, Georgia.
The newly acquired dealerships will operate as part of the company’s Navistar division and result in the company operating 120 Rush Truck Centers in 20 states.The purchase price for the assets, goodwill and real estate was approximately $30 million.“This acquisition significantly expands our Navistar presence in the Southern United States,” said W. M. “Rusty” Rush, Chairman, CEO and President of Rush Enterprises, Inc.
“More importantly, the strength of our network allows us to keep our customers up and running, while offering convenience and best-in-class technology and service, now in eight new locations,” he added.“Yancey Truck Centers is a respected dealer organization, and we look forward to continuing the standard of service excellence they have established. We are happy to welcome into our organization the employees who helped build that reputation,” Rush continued.


