Barloworld Limited has announced the acquisition, through its Memphis-based Freightliner dealership division, of 100% of the stock of Northwest Arkansas Truck and Equipment Inc. (NWATE), of Springdale, AR. for $5 million.
NWATE operates two Freightliner dealerships, in Springdale and in Van Buren, AR.
The company said the acquisition is in line with Barloworld’s intention to grow its Freightliner business.