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Wabash National divests UK subsidiary
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Wabash National Divests UK Subsidiary
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Wabash National Corp. (NYSE: WNC) plans to sell its Beall Tank Trucking Co. unit to MAC Trailer Enterprises Inc. The price was not disclosed.
Beall specializes in aluminum tank trailers for the petroleum and dry bulk markets. Wabash purchased certain Beall assets out of bankruptcy in January 2013. Beall had $23 million in sales in 2019. It is one of four tanker brands in Wabash s $385 million Diversified Products Group. The sale of Beall Tank Trailers represents another tangible step in our work to optimize asset efficiency and focus our growth efforts on markets with scalable opportunities, Mike Pettit, Wabash senior vice president and chief financial officer, said in a press release Wednesday.
Wabash National to sell Beall brand tankers to MAC Trailers
Proceeds destined for parts and services, cold chain, and home delivery markets 410 1 minute read Trailer maker Wabash National plans to sell its Beall Tank Trucking Co. unit to MAC Trailer Enterprises Inc. The price was not disclosed. (Photo: Wabash National)
Trailer maker Wabash National Corp. (NYSE: WNC) plans to sell its Beall Tank Trucking Co. unit to MAC Trailer Enterprises Inc. The price was not disclosed.
Beall specializes in aluminum tank trailers for the petroleum and dry bulk markets. Wabash purchased certain Beall assets out of bankruptcy in January 2013. Beall had $23 million in sales in 2019. It is one of four tanker brands in Wabash’s $385 million Diversified Products Group.
Wabash National Selling Beall Tank Trailers
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