Quote:
Originally Posted by Joesplace
Just got off the phone with Trailmanor and I'm very disappointed! I ask them about tracking the VIN to tell me which axle is on my TM and their answer was " Sorry that was the old Trailmanor company and we are the new Trailmanor company. They kept all their records so we have nothing to work with".
WOW, two different companies and they don't talk - I'm shocked!
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This tells me they bought the assets of the old company, but not the company itself. You offer money for the Trailmanor name, on hand inventory, machinery and step away from the old company. That insulates the new company from any skeletons in the closet. This is one of the best ways to protect yourself from recalls and lawsuits related to product you didn't build yourself. I've been involved in several acquisitions over the years and this is the only way I would purchase a non-publicly traded company. (which I have no desire to ever do)
Unfortunately, all the old records stay with the old company.
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