Ryder buys Carmenita Leasing
Ryder System on Monday announced an agreement to acquire the leasing and rental business of Santa Fe Springs, Calif.-based Carmenita Leasing.
The acquisition is expected to be finalized by Jan. 7 and is subject to customary closing conditions. Financial terms of the deal were not disclosed.
As part of the transaction, Ryder will acquire Carmenita's truck fleet of 189 lease and rental units, and about 58 contract customers, as well as its Santa Fe Springs location.
Last week, Ryder announced its purchase of The Scully Cos., a Fontana, Calif.-based lease and contract carrier business. This deal is expected to close in late January.