H.O. Bouchard acquires Gould Equipment in NE expansion

Through a newly formed subsidiary, the regional transportation and maintenance provider expands its tank truck services, parts sales, and repair capabilities into Bangor, Maine.

Key Highlights

  • H.O. Bouchard's acquisition of Gould Equipment enhances its service portfolio in tank truck and fleet maintenance.
  • Gould Equipment, established in 1928, specializes in propane and petroleum truck services, tank welding, and inspections.
  • The deal allows H.O. Bouchard to offer expanded equipment, resources, and expertise to its customers.

H.O. Bouchard, a Northeastern transportation and maintenance provider, recently acquired Gould Equipment in Bangor, Maine, through Bouchard Services, a newly formed subsidiary of H.O. Bouchard.

Gould’s tank truck services include propane and petroleum truck and parts sales, tank welding repairs and changeovers, subframe repairs and replacements, and VIK and DEP inspections.

“We’re excited to officially welcome Gould’s legacy of quality and expertise into the H.O. Bouchard family,” the company stated in a LinkedIn post. “Together, we’re ready to become your one-stop destination for truck building, tank service, fleet maintenance, inspections, and repairs.”

Jeff Bouchard, H.O. Bouchard president, called the pickup an important step in strengthening the company’s capabilities and services, allowing the firm to offer a wider range of “equipment, resources, and expertise,” according to a local report. Terms of the deal were not disclosed.

H.O. Bouchard began as a dump truck operation in 1958. Nine years later, founder Harold Bouchard purchased 13 acres of land in Hampden, Maine, where he opened a small repair shop. The company’s headquarters remain in Hampden today, but Bouchard also maintains a secondary shop in Eliot and runs 80 trucks and 200 tank trailers serving energy and industrial materials markets.

Ralph Gould started Gould Equipment in 1928. The company today employs 10 people.

Tom Schwarm, Gould president, is expected to retire following the acquisition, and general manager Ryan Scanlon is expected to lead the operation.

“From custom truck builds to routine maintenance and emergency repairs, we’re committed to delivering the dependable service you’ve come to expect; now with even greater capabilities,” the company concluded.

About the Author

Jason McDaniel

Jason McDaniel, based in the Houston TX area, has more than 20 years of experience as an award-winning journalist. He spent 15 writing and editing for daily newspapers, including the Houston Chronicle, and began covering the commercial vehicle industry in 2018. He was named editor of Bulk Transporter and Refrigerated Transporter magazines in July 2020.

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