Lafayette-Based Truck Dealer Buys Baton Rouge Dealership for $5.5 Million
A Lafayette truck dealership is expanding even more as they've recently paid $5.5 million for a Baton Rouge dealership.
Schilling Acquisitions LLC of Lafayette bought the Timmons Truck Center, which is located on the corner of O'Neal Lane and Old Hammond Highway. The deal was finalized and filed on Friday with the East Baton Rouge Parish Clerk of Court's Office.
According to Chris Schouest, president and executive officer of iTA Truck Sales and Service (a member of Schilling Acquisitions), iTA also has locations in Lafayette, Houma, Lake Charles, New Orleans, and Slidell.
The company sells and leases International brand trucks, tractors, and buses.
“As the largest International dealership in Louisiana, we see tremendous growth opportunity in the industry and the region,” Schouest said.
The newly purchased location includes a 44,000 square foot building on 7.5 acres and is located at 763 O'Neal Lane.
iTA has about 120 employees company-wide. According to Schouest, the Baton Rouge location will have 25 to 30 people working there, which will include a combination of existing Timmons employees and new hires.