Premier Truck Group Acquires River States Truck And Trailer; Terms Of The Transaction Not Disclosed; Expected To Add $200M In Estimated Annualized Revenue

Penske Automotive Group, Inc. -0.33%

Penske Automotive Group, Inc.

PAG

149.03

-0.33%

Expands North American Operations to New Market Areas in Wisconsin and Minnesota

Expected to Add $200 Million in Estimated Annualized Revenue

BLOOMFIELD HILLS, Mich., June 10, 2024 /PRNewswire/ -- Premier Truck Group, an international medium-duty and heavy-duty commercial truck dealership group and a Penske Automotive Group, Inc. company (NYSE:PAG), announced today the acquisition of River States Truck and Trailer, Inc. (RSTT) headquartered in La Crosse, WI.  The acquisition is expected to add $200 million of estimated annualized revenue for Premier Truck Group.

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