Polar Corp. has acquired the assets of Beall Transport Equipment Co. (BTEC), the aftermarket parts and service division of Beall Corp.
Beall Corp. entered bankruptcy last year. A judge has since approved an auction of the company’s assets.
BTEChas branches inDenver; Salt Lake City; Los Angeles; Phoenix; Portland, Ore.; Kent, Wash.; andBillings,Mont.Theywill join thePolar Service Centers national network of parts and servicelocations. Branches inPortland, Phoenix, and Billings will be integrated withexisting facilitiescurrently operated by Polar’s service,parts,and equipmentbusiness known as Polar Service Centers.
“Withstable financial footing, theseformer Beall brancheswill have moreflexibility to deliver the high-qualityservice that Beall customers have cometo appreciate over the years,”said Ted Fick, president& CEO ofPolar Corp.“Meanwhile, Polar customers will benefit from the high level of competencyand experienceof Beall technicians. Their expertise is exceptional within thecommercial tank industry and we’re excited tobring them into the Polar family.”
The transaction closed Feb. 1; financial terms were not disclosed.