Arctic Fox, a supplier of fuel and fluid heating products and systems, has been acquired by Phillips & Temro Industries (PTI) from private equity firm North River Capital. Terms were not disclosed.
“This acquisition is an outstanding development for PTI and our employees. Arctic Fox is a leading supplier of heating products, heating systems and contract manufacturing for the heavy duty truck, energy and off-road markets,” said Butch Sumpter, president & CEO of PTI. “We look forward to working with the Arctic Fox team to create further value for our customers, suppliers and employees.”
Phillips & Temro Industries is headquartered in Eden Prairie, MN. Arctic Fox is in Delano, MN.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...
