Deal snapshot: Tip Trailer Services to Acquire Ryder's Trailer Leasing and Maintenance Business in UK.

MANews-(C)2009-2022

Netherlands-based trailer leasing, rental, maintenance and repair provider Tip Trailer Services has agreed to acquire the trailer leasing and maintenance business of Ryder Ltd (NYSE: R) in the UK, to expand services in Europe, the company said.

Tip Trailer Services is a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II. Terms of the transaction were not...

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