Fleet Engineers Inc. of Muskegon has expanded its truck and trailer business with the acquisition of Charlotte, N.C.-based Save-A-Load Inc., a maker of cargo bars for tractor trailers and pickups. According to a statement, Save-A-Load has produced a hydraulic cargo-bracing bar since 1994. Fleet Engineers President Wes Eklund said the product’s reputation and the company’s service model and efficiencies proved attractive in considering the deal.
Grand Rapids-based investment banking firm Charter Capital Partners served as the M&A adviser to Fleet Engineers. more