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M&K Truck Centers acquires 5-location group in Minnesota and Iowa

M&K Truck Centers recently announced the acquisition of five GATR Truck Center dealerships—three located in Iowa and two in Minnesota.

This acquisition, finalized on May 29, involves substantially all of the assets of five GATR Truck Center locations serving Iowa and Minnesota.

Terms of the transaction were not disclosed.

Effective immediately, M&K will expand its product offerings across Iowa and Minnesota.

  • Cedar Rapids, Iowa: Volvo, Mack, and Hino
  • Waukee, Iowa: Volvo and Hino
  • Waterloo, Iowa: Volvo and Mack
  • Elk River, Minnesota: Volvo
  • Sauk Rapids, Minnesota: Volvo and Hino

Full support services and parts will be available at all locations.

With this acquisition, M&K expands its footprint to 38 locations across nine states, marking a significant milestone for the company.

M&K Truck Centers has retained nearly all employees from GATR Truck Center, welcoming over 200 talented people into the M&K family.

“We look forward to an exciting future as we work together to integrate these operations. By incorporating the operations from these five locations, our company will enhance its offerings in new and used truck sales, trailer sales, parts, service, rentals, and leasing. “This expansion allows us to increase our capabilities and strengthen our presence in the central region. We remain committed to meeting our customers’ needs and providing exceptional service throughout this transition and for many years to come,” stated Josh Wolf, M&K’s COO.

M&K Truck Centers is the largest Mack and Volvo dealer group in North America and the first to earn Volvo Trucks’ 1K, 2K, and 3K sales volume awards. In 2025, M&K achieved the landmark 3K sales volume award, so­­lidifying its position as the first and only dealership to reach this historic milestone.