M&A Deal Summary |
|
|---|---|
| Date | 2003-12-31 |
| Target | General Car & Truck Leasing System |
| Sector | Transportation |
| Buyer(s) | Ryder System |
| Deal Type | Add-on Acquisition |
| Deal Value | 105M USD |
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| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Transportation |
| Employees | 47,500 |
| Revenue | 11.8B USD (2023) |
Ryder System is a provider of commercial fleet management and supply chain solutions. Ryder operates in two business segments: Fleet Management Solutions (FMS), which provides full-service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; and Supply Chain Solutions (SCS), which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. The SCS segment also provides dedicated services, which includes vehicles and drivers as part of a dedicated transportation solution in the U.S. Ryder's customers range from small businesses to large international enterprises. Ryder System was founded in 1933 and is based in Coral Gables, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 27 |
| Sector (Transportation) | 3 of 19 |
| Type (Add-on Acquisition) | 3 of 25 |
| State (Iowa) | 1 of 2 |
| Country (United States) | 2 of 21 |
| Year (2003) | 1 of 1 |
| Size (of disclosed) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-10-16 |
Ascent Logistics Pte.
Singapore, Singapore Ascent Logistics Pte. Ltd. is a logistics and supply chain management services provider. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-01 |
Ruan Leasing
Des Moines, Iowa, United States Ruan Leasing Co. is a commercial truck leasing, rental and contract maintenance company. |
Buy | $145M |
