Century-old Maine co. makes first-ever acquisition
Messer Truck Equipment, a 115-year-old Westbrook-based company, has made its first-ever acquisition, with the purchase of a long-time distributor of petroleum equipment.
The company announced Wednesday its acquisition of South Portland-based HSE Gould LLC, which was founded in 1928 as Gould Equipment Co. Financial details of the acquisition are not being disclosed.
Jeffrey Messer, the company’s president and owner, said the acquisition will help the company grow its workforce to 27 by adding HSE’s four existing employees.
“The acquisition was a natural fit. We were serving the majority of Gould’s customer base with service bodies, van interiors, cranes, and liftgates,” he said in a prepared statement. “Now we can offer a complete package, supplying and servicing their delivery trucks too.”
Messer sells over 40 major truck equipment product lines, with more than 1,000 customers throughout Maine and New Hampshire. The company was founded in 1899 by Water A. Messer as a one-man blacksmithing and shipsmithing shop in Portland on Union Street and eventually switched to the truck equipment business in the 1900’s, according to its website.
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