Ryder System agreed to acquire Carmenita Leasing, a truck leasing and rental business in Santa Fe Springs, Calif., for an undisclosed price.
“This acquisition strengthens our position in the Southern California market, building on our recently announced acquisition of The Scully Companies, headquartered in Fontana, Calif.,” said Ryder Chairman and Chief Executive Officer Greg Swienton.
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Carmenita has been in business more than 30 years and has 189 leased and rental trucks and approximately 58 contract customers. After the acquisition is completed about Jan. 7, Ryder said it will move its existing operations in the area to Carmenita’s facility.
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