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Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.
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Blossman Gas, Inc. has acquired Southern Propane of Jacksonville, Fla., as the latest in a series of acquisitions by the fuel and fuel-systems provider.
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Element Financial Corporation, upon closing its acquisition of GE Capital's U.S. fleet business, has now turned its attention toward integrating two fleet management companies.
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GE announced that it has reached an agreement to sell its GE Capital, Transportation Finance business in the U.S. and Canada to BMO Financial Group (BMO).
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Westport Innovations is acquiring Fuel Systems Solutions in an all-stock deal valued at about $7.54 per share that will create "a premier alternative fuel vehicle and engine company," according to Westport.
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Element Financial Corp. has closed its acquisition of GE Capital's U.S. fleet business and will now turn its attention toward integrating the two entities, the Toronto-based company announced Aug. 31.
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Ottomatika, led by Engineering Professor Raj Rajkumar, spun off from Carnegie Mellon University in 2013.
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Merger mania is hitting the fleet market once again. We’re hearing about potential OEM consolidations and we now have Element Financial Corp. expanding its foothold in the U.S., with the acquisition of GE Capital Fleet Services on the heels of its recent purchase of PHH.
Read More →The U.S. Federal Trade Commission has granted early termination to the waiting period under an anti-trust law for Element Financial Corp. to acquire GE Capital's fleet management unit.
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The Dutch parent of LeasePlan USA, which is one of the largest global fleet management companies, will be sold to a consortium of investors including pension funds in The Netherlands, Denmark, and Singapore.
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