(Wisconsin) Alliant Energy Transportation, a subsidiary of Alliant Energy Corp, has entered into a purchase agreement to acquire Business Transportation Solutions, a Freight-Management company located in Stoughton Wisconsin. This purchase follows a recent acquisition of Hybrid Transit Solutions of Cedar Rapids and is in line with Alliant Energy Transportation’s strategic growth plan and goal to provide industry-leading customized supply chain solutions for their customers.
Alliant Energy Transportation President, Kevin Burke, says the time is right to take advantage of the synergies created through existing and new services. Business Transportation Solutions President, Mark Halverson believes the opportunity is a smart strategy for both companies saying “With the strength of the Alliant Energy Transportation name behind us, this collaboration will bring positive opportunities for our employees and customers.” Closing of the sale is anticipated within the next 90 days. Alliant Energy expressed that no Alliant Energy utility customer dollars are being utilized as part of this purchase.