Warren, MI – December 2, 2013 — Universal Truckload Services, Inc. (NASDAQ: UACL) announced today that it will acquire the sole shareholder of Westport Axle Corporation (“Westport”) from an international industrial group headed in Brazil by SM Brasil Participações S/A. Based in Louisville, Kentucky, Westport provides value-added warehousing and component distribution services to U.S. manufacturers of Class 4-8 trucks, RVs and super-duty trucks. Westport also machines and distributes steering knuckles and axle components for the automotive industry. For the year-ended December 31, 2012, Westport had operating revenues of $58.4 million, and $66.0 million for the nine months ended September 30, 2013.
Universal to Acquire Westport Axle Corporation
Warren, MI – December 2, 2013 — Universal Truckload Services, Inc. (NASDAQ: UACL) announced today that it will acquire the sole shareholder of Westport Axle Corporation (“Westport”) from an international industrial group headed in Brazil by SM Brasil Participações S/A. Based in Louisville, Kentucky, Westport provides value-added warehousing and component distribution services to U.S. manufacturers … Read more