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.
BTEC has branches in Denver; Salt Lake City; Los Angeles; Phoenix; Portland, Ore.; Kent, Wash.; and Billings, Mont. They will join the Polar Service Centers national network of parts and service locations. Branches in Portland, Phoenix, and Billings will be integrated with existing facilities currently operated by Polar’s service, parts, and equipment business known as Polar Service Centers.
“With stable financial footing, these former Beall branches will have more flexibility to deliver the high-quality service that Beall customers have come to appreciate over the years,” said Ted Fick, president & CEO of Polar Corp. “Meanwhile, Polar customers will benefit from the high level of competency and experience of Beall technicians. Their expertise is exceptional within the commercial tank industry and we’re excited to bring them into the Polar family.”
The transaction closed Feb. 1; financial terms were not disclosed.
