Kriete Truck Centers Acquires Scaffidi Trucks

Acquires Scaffidi

Kriete Truck Centers Acquires Scaffidi Trucks

KRIETE TRUCK CENTERS ACQUIRES SCAFFIDI TRUCKS IN STEVENS POINT AND TOMAHAWK, WISCONSIN

MILWAUKEE, Wis. — On January 1, 2021, Kriete Truck Centers, headquartered in Milwaukee, WI, will officially acquire Scaffidi Truck Centers, a 50+ year-old Mack Truck dealer headquartered in Stevens Point, WI with a second location in Tomahawk, WI. This merger continues Kriete’s strategic growth initiative to serve and support the heavy- and medium-duty truck industry throughout Wisconsin and the upper Midwest.

“As a third-generation owner, I had the privilege of working with and watching Scaffidi serve its customers and the community in northern WI my entire life,” said David Kriete, President & CEO of Kriete Truck Centers. “I’m excited to work even closer with the Scaffidi workforce and customer base as our strategic presence in north- central WI allows us to offer our full array of products and services in a powerful way throughout the entire state of WI.”

“Kriete is one of Mack’s premier dealer groups in the country and we are thrilled to support their growth with investments expanding their coverage. Kriete’s genuine care for its employees and our mutual customers are evident by its daily support and drive for excellence in all aspects of its business. David and his organization are trusted stewards of the Mack Trucks brand and we look forward to working with them in all markets served by the Kriete Group,” said Jonathan Randall, EVP Sales for Mack Trucks, Inc.

Kriete Truck Centers celebrates its 70th year in operation in 2021, making it one of the oldest Mack Truck distribution points in the dealer network. Originally founded in 1951 by Henry Kriete, a VP with Mack Trucks, Inc. in the 1930s and 40s, then known as Milwaukee Mack has grown to be one of the largest Mack distributors in the World. Kriete Truck Centers now consists of:

Ten (10) Dealership locations:

  • Milwaukee, Fond du Lac, Racine, Madison, Green Bay, Mauston, La Crosse, Sheboygan, Stevens Point and Tomahawk
    • Serving Mack, Volvo and Hino truck brands
  • Kriete Leasing & Rental
    • Wholly owned subsidiary with over 1,000 trucks and trailers for lease, finance, maintenance services and rental
  • In-house Body builder and ‘rig-up’ center
  • Represents Cross Country Manufacturing with a full product line of bodies, trailers, and beds – Exclusive Putzmeister concrete pump Refurb, Service and Parts center
    • Certified dealer representing Putzmeister and Sany products

Following the acquisition, the dealership group will inventory roughly $20M of aftermarket parts on-hand, offer three commercial Body shops including two state-of-the-art industrial-sized paint booths, and over 250 factory- trained technicians between its ten dealership rooftops. Kriete can completely support the entire medium- and heavy-duty truck industry throughout Wisconsin.

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