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Ultimate Holdings Acquires 2 Idaho Transportation Freight Hauling-Related Companies
Friday 07 August 2020

Ultimate Holdings Corp (OTC: NXTN) has acquired Ultimate Logistics, LLC and Ultimate Innovations, two privately held Boise, Idaho transportation freight hauling-related companies, the company said.

Terms of the transaction were not disclosed.

As part of this purchase, UHC acquired approximately 80 newer model semi-tractors and approximately 85 newer model 53-ft refrigerated trailers. The two acquired companies had a combined gross revenue of more than USD 17.5m for 2019.

By acquiring the two companies, UHC now has The Ultimate Program that allows individuals who have dedicated their lives to the over-the-road trucking industry the opportunity to become owner operators, and to be able to purchase a newer model semi-tractor, with no money down.
Date Published: 07/08/2020