First Industries Corporation acquires Premium Truck and Trailer

April 26, 2022

On April 26, 2022, First Industries Corporation (“First Industries Corporation” or “First Truck Centre”) announced the completion of its acquisition of Premium Truck and Trailer Inc. (“Premium”) as well as Alliance Leasing Ltd. and First Truck Collision Centre Ltd. (related companies under common control to Premium). Headquartered in Prince George, British Columbia, Premium has a long and diverse history in the truck and trailer sales and service business across the interior region of British Columbia.

The purchase of Premium increases First Truck Centre’s ability to offer a full range of products and services throughout Western Canada, specifically Northern and Central British Columbia.

First Truck Centre is a multi-location Western Canadian Daimler Truck North America (DTNA) heavy duty truck dealership group. As a result of its combination with Premium, First Truck Centre is the largest DTNA dealer in Western Canada.

Miller Thomson advised First Truck Centre with a team led by Joseph Yurkovich (Tax), and comprised of Spencer Einhorn and Joyce Pong (Corporate/M&A); John Cross and Dan Chubb (Real Estate); Charles Bois (Environmental); as well as Kerra Jay and Michelle Chan (Paraprofessional).