Independent journal on economy and transport policy
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Concentration in Europe in the field of the chartering of the railway rotabile material
Beacon Rail Leasing will buy the Ascendos Rail Leasing
May 20, 2016
The group Beacon Rail Leasing, specialized in the chartering of European and for markets North American railway material rotabile, has signed an agreement in order to buy the Luxemburger Ascendos Rail Sarl Leasing, society that work in the same field and that currently has a fleet constituted from 35 locomotives and 100 railway wagons goods you mail rental in Belgium, Holland and Germany, 35 conveys railway passengers rental in Germany and 67 cars two-floor rental in Denmark.
Currently Ascendos is of property of the Australian active trust Everest Babcock & Brown Opportunities Fund, of the Global investment trust Investments Limited of Singapore through the society integrally controlled BBSFF EU Rail Lessor Ltd. and of Londoner BOSSAF Rail Ltd., society entirely stopped from Lloyds Banking Group.
According to the forecasts, the transaction, that it will have a value of about 39 million dollars, will be capacity to term within according to trimester of this year.
Currently the fleet that Beacon employs in the United Kingdom and continental Europe is constituted by 190 locomotives, 944 railway wagons goods and 20 convey railway passengers. "The acquisition of Ascendos - the managing director of the Beacon has commented, Ted Gaffney - allows us to continue to increase our pocketbook of locomotives and is online with our strategy and our effort for being leader in this segment of market. The pocketbook of rotabile material of the complete Ascendos our current fleet of locomotives and affords us well to widen our presence in European the railway market fleeting".
From May 2014 the Beacon is of property of from the investment trust Pamplona the Capital Management.
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