LBS South has accepted an offer from Sun State International Trucks of Tampa to purchase its IC Bus distribution rights for the state of Florida and certain company assets, according to LBS South CEO Mike Leonard.
“Sun State International Trucks has a proud history of delivering quality International truck products with excellent customer support — we’ll miss our school district partners in Florida, but they will be in good hands,” he said.
The new ownership went into effect on March 10.
LBS South said in a statement that the decision to sell came after very careful consideration of not only the offer from Sun State International Trucks (SSIT), but also how the new ownership would continue to support existing customers. Under SSIT, LBS South customers will now have access to the company’s statewide service and parts network.
“We have great comfort knowing LBS South’s customers will receive the attention they need to keep their IC Bus brand buses running safely and efficiently,” said Leonard.
“We are very happy to be the new distributor of IC Bus brand buses in the state of Florida,” said Oscar Horton, president and CEO of SSIT. “We appreciate the opportunity presented to us by LBS South and IC Bus. We look forward to making sure that IC Bus customers continue to receive the quality buses and service they need.”
LBS South said its team will assist SSIT during the transition period, and added that the sale of LBS South will not in any way affect New York-based sister company Leonard Bus Sales. The terms of the sale were not disclosed.
