Fort Capital Partners is pleased to announce that Edmonton Kenworth Ltd. has been acquired by Inland Truck & Equipment Ltd., a leading Kenworth dealer group with operations across Canada and the United States.
Kenworth trucks are renowned for their durability, performance, and driver-focused engineering, making them the preferred choice for operators across North America’s most demanding heavy-duty applications.
PACCAR Inc. (Nasdaq: PCAR), parent of Kenworth, Peterbilt and DAF, is a global leader in the design and manufacture of premium commercial vehicles, with manufacturing, distribution, and financial services operations spanning more than 100 countries worldwide.
Founded in 1982 and owned for two generations by the King and Ferguson families, Edmonton Kenworth is a full-service Kenworth dealership group with six locations across Alberta, including operations in Edmonton, Leduc, Fort McMurray, Lloydminster, and Calgary. Over more than four decades, the Company has established itself as the leading heavy-duty truck dealer in Alberta and one of Kenworth’s most recognized dealers in Canada, earning Kenworth Dealer of the Year honours three times and PacLease Canadian Franchise of the Year fifteen times.
Edmonton Kenworth provides comprehensive support across the full truck ownership lifecycle, including new and used truck sales, parts supply, repair and maintenance, body shop, and full-service leasing through its PacLease franchise locations in Edmonton and Calgary. The Company serves a diversified base of customers across Alberta’s core industrial sectors, including oil and gas, construction, agriculture, forestry, and logistics.
Fort Capital served as financial advisor to Edmonton Kenworth on this transaction.
Read the full press release here: https://www.inland-group.ca/news-resources/inland-truck-equipment-enters-the-alberta-market-with-the-acquisition-of-edmonton-kenworth/