Announced
Financials
Tags
Friendly
Pending
Leasing
Single Bidder
Majority
Private
United States
Domestic
commercial trucks
Acquisition
car leasing
truck leasing
Synopsis
Penske Truck Leasing, a global transportation services provider, agreed to acquire DeCarolis Truck Rental, a commercial truck leasing, rental, service and repair company. Financial terms are not disclosed. "DeCarolis Truck Rental is a well-respected name in the region and we are excited about the opportunity to join our businesses. We look forward to working closely with DeCarolis customers and associates to integrate the business into the Penske brand," Art Vallely, Penske Truck Leasing President.
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