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17Dec2015

Alleghany Capital Corporation Announces Acquisition By Kentucky Trailer

Alleghany Capital Corporation (“Alleghany Capital”), a wholly-owned subsidiary of Alleghany Corporation, today announced that its subsidiary, R.C. Tway Company, LLC (“Kentucky Trailer”), a leading manufacturer of custom trailers and truck bodies, has acquired Smit Mobile Equipment B.V. (“Smit BV”) and Smit Mobile Equipment (UK) Ltd. (“Smit UK” and, together with Smit BV, “Smit”). Based in the Netherlands, Smit BV is an established, global provider of specialty trailers and mobile solutions to the medical sector, including mobile and relocatable magnetic resonance imaging (MRI), computed tomography (CT), and positron emission tomography–computed tomography (PET/CT) products. Smit UK is a service organization located in the United Kingdom.

“By leveraging the combined capabilities of Smit and Kentucky Trailer, we are strengthening our commitment to the mobile medical market and advancing our goal of delivering exceptional custom design, build and service solutions for the specialty trailer, custom transport and mobilized business markets,” commented Gary A. Smith, Sr., President and Chief Executive Officer of Kentucky Trailer. “Together, we will be able to offer more comprehensive global solutions to our original equipment manufacturer (OEM) and mobile medical imaging service provider partners worldwide.”

Gerben Smit, President and Chief Executive Officer of Smit, stated, “As a company that traces its roots back to 1750, it is very exciting for Smit to become part of a company that has its own long and accomplished history and that shares our dedication to excellence in all aspects of product design, manufacturing and customer service. We are eager to combine the strengths of our businesses and capitalize on the significant opportunities resulting from this transaction.”

Read more: Alleghany Capital Corporation Announces Acquisition By Kentucky Trailer

  • 17 Dec, 2015
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