A consortium of infrastructure investors has acquired Porterbrook Rail Finance, one of the three original rolling stock leasing companies (Roscos) set up in 1994 as part of the privatisation of British Rail.
INSOLVENCY proceedings were launched on October 2 by Vienna's Commercial Court against wagon leasing company ERR Rail Rent Vermietungs.
HAMBURG-based wagon leasing company VTG announced on September 29 that it has agreed to acquire Switzerland's Ahaus Alstätter Eisenbahn Holding (AAE) in a takeover that will increase VTG's European lease fleet from 50,000 to 80,000 vehicles.
LEASING company Mitsui Rail Capital Europe (MRCE) has awarded Siemens a contract to supply an additional 20 Vectron AC locomotives, taking its Vectron fleet to 35 units.
GERMAN banks KfW Ipex and HSH Nordbank have sold all of their shares in rolling stock leasing company Railpool to a group of investment funds managed by Los Angeles-based Oaktree Capital Management for an undisclosed sum.
LONDON-based Pamplona Capital Management announced on May 6 that it has acquired British rolling stock leasing company Beacon Rail Leasing from BTMU Capital Corporation, a subsidiary of Mitsubishi UFJ Financial Group.
LEASING company Alpha trains has acquired 202 rolling stock assets from the Royal Bank of Scotland (RBS) through its Alpha Trains Luxembourg No 2 subsidiary in a mixed asset and shares transaction, which was concluded last month.
