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Leonard’s acquires Idaho trucking firm
Leonard’s acquires Idaho trucking firm
Farmington’s Leonard’s Express has acquired an Idaho-based transportation company. Financial details of the acquisition were not disclosed.
Based in Caldwell, Idaho, Holman Transportation Services Inc. was founded in 1997 and is a privately held trucking company that provides services to the food and grocery, dairy and frozen food product industries.
“We are excited about this acquisition. It will help us add to our existing refrigerated capacity allowing us to better serve our current customer base and additionally, it will help us expand our coverage in the Western United States,” said Leonard’s CEO Ken Johnson in a statement. “We find the business models and culture of Holman and Leonard’s are very compatible and the synergies created by the combination of both companies will benefit our customers from a service-level standpoint.”
Holman employs roughly 190 people with a trucking fleet of 164 vehicles, and services customers in the Western United States with a concentration in the Pacific Northwest.
“It was critically important for me to find a company and owners that shared the same values and business philosophy as I did before I took this step, and I found that in the Johnsons and Leonard’s Express,” said Holman President Robert Holman. “I am confident that this team will continue to build upon the current success and provide growth and innovation to this fleet.”
Leonard’s Express is a family-owned asset-based transportation provider headquartered in Farmington with offices located throughout the United States.
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