Tallman Group Acquires Lease Portfolio

MISSISSAUGA, ON – Tallman Group on Thursday said it completed its purchase of certain full service lease truck assets from Tandet NationaLease on the final day of 2015.

The acquisition of the Tandet fleet of lease trucks is a welcome addition to Tallman Idealease and is a great strategic fit with our current fleet from a geographic and customer service perspective, according to Fred Hildebrand, vice president of Tallman Idealease.

“I am confident that the transition of service for current Tandet NationaLease customers will be smooth with the support of our multiple dealerships along the 401 corridor from Mississauga to Cornwall,” he said.

With this acquisition, Tallman Idealease now operates close to 1,000 medium and heavy duty trucks in its lease and rental fleet making it one of the largest privately owned truck leasing companies in Canada.

“The great working relationship between The Tandet Group and The Tallman Group goes back decades” said Kirk Tilley, president of Tandet NationaLease. “This was a natural fit for both our companies and for the customers.”

Tallman currently owns and operates 10 dealerships and seven associate locations, making it one of the largest truck dealer networks in Canada.

“We are excited to continue to grow and expand our leasing business, with this recent acquisition,” said Tallman Group president Kevin Tallman. “We continue to leverage our core strengths and find opportunities to expand our business.”

Tallman Group also sells and services the complete line of International trucks, Isuzu trucks, Cobra, Fontaine and Trout River trailers, Autocar trucks, Kalmar Ottawa shunt trucks, Bobcat equipment, and emergency power generation systems. 

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