Ryder acquires Metro Truck & Tractor Leasing

Synopsis

Ryder System Inc, a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company, acquires Metro Truck & Tractor Leasing, a provider of truck leasing and rental service. Ryder anticipates additional earnings improvement in future years due to synergies and operational improvements within the combined companies, as well as from growth opportunities with Metro’s current customers and prospects in the Maryland market.

Principals

target

Metro Truck & Tractor Leasing

bidder

Ryder System

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Bidder Team (1)

dennis cooke

President of Fleet Management Solutions at RYDER SYSTEM LTD

Manager

bidder

Deal

n/a

Total Value

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