Reading Truck Group Acquires Action Fabrication & Truck Equipment Inc.

TAMPA, Fla., March 5, 2020 /PRNewswire-PRWeb/ -- Washington Partners, LLC, the exclusive representative to the business owners in this transaction, is pleased to announce that Reading Truck Group, Reading PA, has acquired substantially all of the assets of Action Fabrication & Truck Equipment, Inc. and J & B Truck Body, Inc., Tarpon Springs, FL. Action and its affiliated company J & B are truck body upfittters that offer a full line of truck bodies, truck equipment and parts. The companies transform vans and trucks into purpose ? built commercial vehicles. Reading has been a supplier of truck bodies to Action and J & B for many years. For more information, visit https://actionfabrication.com/.

Reading Truck Group ("Reading") is a wholly-owned business unit of J.B.Poindexter & Co., Inc. and is a leading designer, engineer, manufacturer and marketer of service/utility truck bodies, as well as other vocational truck bodies and related truck equipment. The company's headquarters and manufacturing facility are located in Reading, PA but it also operates six other company-owned installation facilities under Reading Equipment & Distribution. For more information, visit https://www.readingbody.com/.

J.B. Poindexter & Co., Inc. is a privately-held, diversified manufacturing company, with operating subsidiaries engaged in the production of commercial truck and van bodies, step-vans, service/utility truck and van bodies, funeral coaches, limousines, pick-up truck caps and tonneau covers, precision machined components and expandable foam plastics. For more information, visit https://jbpoindexter.com/.

Washington Partners, LLC and its professionals specialize in providing intermediary services for lower-middle market business owners who are contemplating exit or growth strategy opportunities. The firm offers various services including mergers, acquisitions, divestitures, valuations, and transaction consulting. For more information, please call 813.254.9274 or visit http://washingtonpartners.com/.

SOURCE Washington Partners, LLC