For Immediate Release ~ May 18, 2015
To our valued and respected customers and clients:
Acterra Group of Marion, Iowa and J8 Equipment, of Denver, Colorado are pleased to announce we have reached a definitive agreement to merge, with J8 now becoming a subsidiary member of the Acterra Group. This is a very exciting event for both companies, for our employees and our customers. Our greatest assets have always been our people, and by joining forces we have just made a huge increase in the quality of those assets.
This is a merger of two highly compatible organizations. Our companies have worked together frequently in the past, and we are longtime personal friends. We hold similar values and philosophies on doing business: producing an excellent job for the client, an emphasis on honesty and integrity, and the importance of bringing a positive attitude to work.
Under the merger, the J8 subsidiary will maintain the J8 name for the near future. Also, current J8 owners, Fred Seymour and Tom Green, will be staying on with the company in their current roles. J8 will still maintain offices in the Denver Metro area with the corporate headquarters now transferring to Acterra Group’s Iowa offices.
“We are excited to welcome J8 into the Acterra Group family,” said Terry Cooper, Acterra Group’s President. “J8 is a great company with a great brand, friendly and knowledgeable staff, and a long, successful history in Colorado and the Western Region. We love that J8 shares our Customer-First approach to doing business. The J8 team is going to greatly enhance our petroleum service capabilities and stretch our footprint beyond the Rockies.”
Fred Seymour, President of J8 Equipment Company stated, “By becoming a member of the Acterra Group, we can now offer our customer’s access to a much broader range of equipment and services including construction, electrical and renewable energy, and access to the Acterra steel tank manufacturing. Also, as part of a much larger organization, we can now offer our customers a “one-stop-shop” for their petroleum equipment and car wash project needs.”
~ About J8 Equipment Company
Since 1957, J8 has been one of the leading distributors serving the fueling and car wash industry throughout the State of Colorado and the Rocky Mountain Region. J8 is a leading provider of petroleum equipment and car wash equipment.
~ About Acterra Group
Since 1958, the Acterra Group has grown into a diversified service organization focusing on the energy and petroleum industry in the Midwest. Our services include turn-key construction for fueling facilities, renewable energy development, steel tank manufacturing, and industrial electrical services.
~ PR Contact:
Tad Cooper, Executive Vice President
(319) 377.6357 x141