Thursday, October 16, 2008
PRESS RELEASE
RE: Walker Group Purchases Bulk Tank International
Walker Group Holdings LLC of New Lisbon Wisconsin, a portfolio company of Insight Equity, announced today that it has purchased the Mexico-based manufacturing assets of Bulk International from Bulk Resources, Inc.  Bulk is one of North America’s leading manufacturers of stainless steel tank trailers for the transportation of chemical and food grade products.

Brandon Bethea, Principal of Insight Equity, commented: “We are elated to announce the closing of this transaction.  We believe Bulk is a very unique asset and are thrilled to add it to the Walker family.  In our estimation, Walker Group Holdings is now uniquely positioned to serve the liquid tank trailer marketplace.  Doug Chapple, Walker’s Chief Executive Officer commented: “We are truly excited to have Thomas Ballon and his team join the Walker Group family.  This should provide an exciting opportunity for all parties.”

No financial details of the transaction are being made available.

For further information please contact: 

Brandon Bethea
Principal
Insight Equity
1400 Civic Place, Suite 250. 
Southlake, TX  76092
817-865-2526

Doug Chapple
Chief Executive Officer
Walker Group Holdings
625 State Street
New Lisbon, WI  53950
608-562-7535

Thomas Ballon
President
Bulk Tank International
Carretera QRO-SLP Km. 58
Parque Industrial Opcion
San Jose Iturbide, GTO, Mexico  37980
+52 (419)  198-3300

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