Thompson Truck Group Acquires Goodpasture Motor Company
Thompson Truck Group, a division of Thompson Distribution in Nashville, Tennessee, has acquired Goodpasture Motor Company in Bristol, Virginia-Tennessee. The official announcement was made Tuesday, December 20, 2022, in Bristol, though preliminary conversations were taking place throughout the fourth quarter of 2022 that led up to the acquisition.
John Thompson, CEO of Thompson Distribution expressed this about the addition:
"Thompson Truck Group is thrilled with this new growth opportunity. Our family has been in the dealership business for four generations, but we are humbled by the Goodpasture family's incredible 103 year old legacy, for which we have endless respect. Our family and company values align with the Goodpastures', and we are grateful for their willingness to partner with Thompson over their many other options. We are determined to accept this important stewardship with the utmost diligence and passion in serving the customers, the employees, and the International brand in this vibrant region of our country."
Continue read on benzinga.com