Sutton Leasing Acquires Dalco Lease Assets

Sutton Leasing, of Detroit, has acquired the vehicle lease assets of Dalco Auto Lease Co., previously a wholly-owned company of Budget Rent a Car System Inc. Dalco, with offices in Dayton, OH, operates a lease portfolio of cars and trucks to small companies as well as some large corporate accounts. Dick Hagopian, the company’s president and operating manager, will continue in his present capacity.