Spartan Motors Inc. announced it has purchased Royal Truck Body, a California-based manufacturer and installer of service truck bodies and accessories. According to a press release, Royal joins Spartan’s Specialty Chassis and Vehicles (SCV) business unit and will continue to go to market under the Royal Truck Body name.
The acquisition is the latest action driven by Spartan’s strategic plan and will result in the achievement of three of the plan’s key goals: EBITDA margin growth, increased revenue, and geographic expansion by way of delivering on the promise of a coast-to-coast manufacturing and distribution footprint.
“This is an exciting day for Spartan,” said Daryl Adams, President and Chief Executive Officer of Spartan Motors. “Our acquisition of Royal Truck Body marks the continued execution of our strategic plan and delivers on the promise of nationwide expansion to the benefit of our customers, suppliers, team members, and our shareholders.”
The purchase of Royal expands Spartan Motors’ manufacturing operations into Southern California, Northern California, and additional West Coast markets, advancing its U.S. footprint strategy with six additional operating facilities located in California, Arizona, and Texas. Spartan will utilize Royal’s existing production facility in Carson, Calif., and its five other locations throughout the Sun Belt to build and distribute commercial trucks West Coast customers across its business units.