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ABC Acquires TMC Group
ABC Companies, a one-stop seller of new and pre-owned buses, recently acquired Elkhart, Indiana-based TMC Group, producers of Ameritrans shuttle, midsize, and paratransit buses. The new operating company will be known as Ameritrans Bus. ABC anticipates investing additional capital in the business to increase production and capacity. The small and midsize bus products will continue to be distributed through the loyal dealer network already established by TMC.
“We believe this investment complements our core transit and motorcoach business and strengthens and diversifies ABC,” says Dane Cornell, ABC president and CEO. “We look forward to growing the business [TMC] founder Al Foris and his team have built.”
ABC, based in Faribault, Minnesota, has eight additional locations in California, Florida, New Jersey, and Texas.
For more info, visit www.abc-companies.com.
LD09/12 |
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CLASSIFIED
SPOTLIGHT |
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Business for Sale $599,000
Lake Placid & Plattsburgh NY
Successful Limousine company, large fleet (4) buses, (2) stretch limos, (1) stretch H2 Hummer,
(2) vans, (3) sedans and (1) suburban, plus all shop equipment including a heavy duty lift, persuing new venture, must sell.
Serious inquiries only
info@groundforce1.net |
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