Shyft Group Acquires Independent Truck Upfitters, A Service Body And Work Truck Upfitter Based In The Midwest; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Shyft Group has acquired Independent Truck Upfitters, a service body and work truck upfitter based in the Midwest. The acquisition aligns with Shyft's growth strategy focused on specialty vehicles infrastructure. Financial terms were not disclosed.
July 25, 2024 | 11:30 am
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Shyft Group has acquired Independent Truck Upfitters to enhance its specialty vehicles infrastructure. This strategic move is expected to support Shyft's growth in the specialty vehicles market.
The acquisition of Independent Truck Upfitters is a strategic move that aligns with Shyft's growth strategy in the specialty vehicles market. This is likely to positively impact SHYF's stock price in the short term as it enhances the company's product offerings and market position.
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