Fraley and Schilling Acquires KBT Enterprises Inc
Fraley and Schilling Holdings of Rushville, Ind., has acquired KBT Enterprises Inc., a pneumatic dry bulk trucking company based in Fishers, Ind. The acquisition was finalized Dec. 31, 2020.
KBT will operate as a subsidiary of Fraley and Schilling. The acquisition will support the growth of daily trucking for families in the Fraley and Schilling operating area, the company said.
“KBT’s culture, reputation and market aligns with Fraley and Schilling’s mission to be the first choice among premier drivers and transportation professionals,” said Chris Seals, Fraley and Schilling’s president.
“At Fraley and Schilling, our priority is to intentionally grow our company in a way that puts our people first. With this new acquisition, we will leverage our fleet advantages to build and grow the existing team at KBT. We are excited to expand our existing presence in the pneumatic tank market and bring our hallmark lightweight advantage to a new part of the industry,” Seals added.
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Fraley and Schilling Holdings
Fraley and Schilling Holdings is a trucking, warehousing and logistics provider. Its trucking arm specializes in lightweight equipment for hauling heavy products such as metal and building products.
Founded in 1955, Fraley and Schilling employs more than 750 transportation professionals across the U.S. and more than 300 in Indiana.
