Suddath to Acquire Minnesota Mover

Oct. 25, 2004
Jacksonville, FL-based moving conglomerate The Suddath Companies is planning to buy MN-based Barrett Moving & Storage Company in an attempt to merge two diversified transportation firms that could post annual revenue in excess of $250 million, said Barry Vaughn, Suddath’s president & CEO.

Jacksonville, FL-based moving conglomerate The Suddath Companies is planning to buy MN-based Barrett Moving & Storage Company in an attempt to merge two diversified transportation firms that could post annual revenue in excess of $250 million, said Barry Vaughn, Suddath’s president & CEO.

The merger would create a company with a more national scope, offering corporate employee relocation, domestic and international household goods moving, warehousing, logistics management and specialized transportation services, he added.

“The geographic locations and synergies of our two companies will further enhance our ability to guarantee quality service for all of our customers,” Vaughn said. “Barrett is well-established in the Midwest and Suddath in the East, West and the Sun Belt.”

A transition team, headed by Vaughn and Bob Eidsvold, president of Barrett Moving, will guide the due diligence process.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

What challenges are top of mind for fleet professionals in 2025? Get exclusive insights from the 2025 Fleet Trends Survey and discover where the industry is headed next.
The most successful fleets accomplish more than delivering freight. To accomplish this, fleets need a fuel that’s reliable, more economical and more sustainable. That fuel is ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Learn how eets can enhance truck utilization and minimize safety incidents using business intelligence and AI. Delve into innovative practices, technology integration and real...