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Safe Fleet to acquire American Van in 'game-changing' deal

May 14, 2018
Safe Fleet has entered into a definitive agreement to acquire American Van Equipment. Terms were not disclosed.

Safe Fleet, whose Work Truck business unit provides safety and productivity solutions such as ergonomic ladder racks, access platforms, and video and telematics applications, has entered into a definitive agreement to acquire American Van Equipment. Terms were not disclosed.

American Van manufactures and distributes van and truck shelving, storage systems, and accessories, producing high quality interior and exterior components that help improve worker productivity and vehicle safety. Based out of Lakewood, NJ, American Van services a wide variety of contractors and fleets directly through its online presence, catalog distribution (with over 2.5 million copies mailed quarterly), and three showroom facilities.

“We are ecstatic about the addition of American Van to Safe Fleet Work Truck,” said John Knox, chairman, president & CEO, Safe Fleet. “The product fit, customer reach, and upfitter capabilities American Van brings to Safe Fleet Work Truck are game-changing. The acquisition will solidify Safe Fleet’s position within the Work Truck industry as the preeminent provider of safety and productivity solutions.”

Knox called the acquisition “another step” in Safe Fleet’s journey in building out the company to serve its customers by providing a complete range of solutions to address both the exterior and interior needs of truck and van upfitters.

Joining Safe Fleet is a “tremendous growth opportunity: for the American Van family of products and employees, added Chuck Richter, president, American Van.

“Partnering with Safe Fleet will provide American Van the ability to enhance the legacy of our brand and enable growth to better serve contractors, business and fleet owners throughout North America,” he said.

Current management of American Van will continue with the business going forward and operate within Safe Fleet Work Truck, according the agreement announcement.