Spartan Motors Inc. of Charlotte has acquired Strobes-R-Us Inc., a Florida-based provider of upfit services for government and non-government vehicles. Financial terms of the deal were not disclosed.
The acquisition will enable Spartan Motors, which designs, manufactures and assembles specialty chassis and vehicles, to increase its product offerings to both fleet and emergency response customers, while further expanding its manufacturing capabilities into the southeastern U.S. market. As part of the acquisition, Spartan acquired Strobes-R-Us’ state-of-the-art upfit facility and product showroom in Pompano Beach, where the company is based.
“We look forward to adding Strobes-R-Us’ premier upfit services, distribution network and world-class facility to our existing manufacturing capabilities,” says Daryl Adams, president and CEO of Spartan Motors. “The acquisition is expected to be accretive to 2019 earnings and will bring significant exposure to both fleet and emergency response upfit services, a natural adjacent industry segment, which will ultimately expand our addressable market for FVS, both in breadth and geography.”
Strobes-R-Us will join the Spartan Motors company under its fleet vehicles and services business unit. FVS engineers and manufactures truck bodies, walk-in vans, highly customized global fleets, and vocation-specific upfits under the Utilimaster and Spartan Upfit Services brands.
