Deal Snapshot
RYDER CLOSES ACQUISITION OF DALLAS SERVICE CENTER TRUCK REPAIR
Thursday 12 October 2017

Florida, US-based fleet management solutions provider Ryder System, Inc. (NYSE: R) has finalised the acquisition of Texas, US-based truck repair facility Dallas Service Center, Inc., to expand fleet maintenance network, the company said.

The acquisition is expected to be accretive to earnings in 2017. Ryder anticipates additional earnings in future years due to implementation of best practices leading to synergies, as well as improved productivity and safety as part of the Ryder network.


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Details
Date Published: 12/10/2017
Target: Dallas Service Center
Country: USA
Sector: Road Transport/Freight Transport
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Ryder System
Comment:
Terms of the deal were not disclosed

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