The acquisition of Summit Trailer Sales, Inc. by Jorden Industries represents a strategic move in the trailer manufacturing industry, combining the strengths of Summit's client-centered business model with Jorden's extensive portfolio, including Clement Trailers and Hilbilt Trailers. This merger is poised to enhance the competitive edge of the combined entities in the market.
Summit Trailer Sales, known for its high-quality trailers and dump beds since 1970, has been recognized for its unique approach to customer service, setting it apart from mass producers. Chuck Pishock, President/CEO of Summit Trailer Sales, highlighted the acquisition as a continuation of his father's dream, emphasizing the familial aspect of the business and the promising growth opportunities ahead with Jorden Industries.
Jorden Industries, through its subsidiaries Clement Trailers and Hilbilt Trailers, brings over 70 years of experience in manufacturing construction, dump, scrap, and demolition trailers. Jamey McMahon, Chairman of Jorden Industries, expressed excitement about integrating the Summit Trailers brand into their inventory, anticipating synergies in manufacturing, sales, and marketing that could expand the presence of all brands in new markets.
The transaction was facilitated by Benchmark International, a global M&A firm, with Peyton Terry, Senior Deal Analyst, commending Chuck Pishock's commitment to the process. This acquisition underscores the importance of strategic partnerships and trust in advisory roles in achieving successful outcomes in the business world.
For more information on Benchmark International, visit https://www.benchmarkcorporate.com. This acquisition is a testament to the dynamic nature of the trailer manufacturing industry, highlighting the potential for growth and innovation through strategic consolidations.
