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

Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
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...