Opportunity to acquire a 37.5% ownership interest in MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group, a company based in Rancho Cucamonga, California and operating out of Oregon, California and Arizona, specializing in over-dimensional and heavy haul trucking. According to the company’s website, Magna Transportation Group has years of experience moving equipment, materials, cranes and machinery for businesses large and small across multiple industries including bridge and highway construction, industrial and commercial construction, oil and gas, utilities, aerospace, manufacturing, mining and metals, renewable energy, U.S. Military and U.S. Department of Defense, contingency operations and emergency response. More information on Magna Transportation Group can be found on its website https://magnatrucking.com.
The foregoing equity interest will be auctioned to the highest bidder or bidders, under Article 9 of the Uniform Commercial Code, on June 30, 2026, at 10:00 a.m. pacific daylight time. The auction will take place at the offices of Sheppard Mullin Richter & Hampton LLP, 350 S. Grand Avenue, 40th Floor, Los Angeles, California 90071. In addition and alternatively, bidders may participate by Zoom conference.
More information regarding the equity interest is available by contacting Kent Gibson by email at [email protected]. Interested parties may be asked to sign a confidentiality agreement. In-person and Zoom attendance information for the Sale may be obtained by contacting Justin Fischer by email at [email protected].
The secured creditor with a lien on the equity interest being auctioned may credit bid at the auction. All other interested bidders must pay by cash or cashier’s check. Any interested buyers must show proof of available funds before bidding and may be required to provide a deposit in advance of the auction. The auction may be cancelled, postponed, or continued at any time.
THE SALE OF THE EQUITY INTEREST SHALL BE “AS IS”, “WHERE IS”, “WITH ALL FAULTS”, WITHOUT EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, QUALITY OR FITNESS OR ANY OTHER EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS OF ANY KIND. THE SECURED CREDITOR MAKES NO WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, REGARDING THE EQUITY INTEREST.
Any sales taxes will be the responsibility of the buyer or buyers. Bids may be oral, but are subject to the terms of a Secured Party Bill of Sale that the buyer or buyers will be required to acknowledge and execute.
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