South Dakota-based containment system maker Shur-Co LLC is expanding its cover systems and solutions for the transportation industry with an asset acquisition of Roll-Tite.
Headquartered in Brantford, Ontario, Roll-Tite was founded in 1985 and produces industry-leading retractable tarp systems for flatbed trailers, drop deck trailers, straight trucks and specialty vehicles.
The deal is expected to close in April 2014.
Commenting on the acquisition in a statement, Terry Tennant, president of Shur-Co said, “Adding ShurTite further increases our product diversification in a direction we have been looking at for quite some time. A proven product line and team coupled with our enhanced distribution platform will allow us to serve our flatbed customers in a more complete way and positions us for additional growth in the industry,” he adds.
Roll-Tite will continue to operate out of the Brantford, Ontario location under the brand name ShurTite and be combined with Shur-Co’s existing Flatbed Division, which provides lumber, steel and custom tarps, as well as cargo control, for truck drivers across North America.
About Shur-Co LLC
Shur-Co LLC, headquartered in Yankton, South Dakota, is a leading provider of covering systems, parts and service to the global transportation market. It was founded in 1954 and now manufactures a wide offering of tarp systems and accessories for trucks, trailers, carts and specialty equipment used in the agriculture, construction and flatbed markets. Shur-Co LLC now has 13 production sites and sales locations in the U.S., Canada and the UK.