Marinette-based Veriha Trucking Inc. has purchased Waupaca Trucking Inc.
Veriha acquired the real estate, business, employees and assets and will continue all Waupaca Trucking operations.
The deal was announced by Sunbelt Midwest. Todd Ruhkick, a business broker with Sunbelt Midwest, facilitated the sale.
“Waupaca Trucking, Inc. is a well-established business that has been in operation for over 25 years. Essentially it’s a trucking terminal complete with fuel pumps, scale, truck wash and office space making it an ideal acquisition opportunity.” said Ruhkick. “The buyer appreciated the market position, amenities and diversity offered from acquiring Waupaca Trucking and its niche customer base.”
Ruhkick listed the business and began marketing it in the fall of 2012. Sunbelt’s team responded to nearly 50 inquiries and showed the business to over 20 strategic buyers.
Waupaca Trucking Inc. was founded in 1985 and has approximately 25 employees.
Veriha Trucking Inc. was founded in 1978. The company has multiple locations to serve all of the lower 48 states and into Canada.
