Independent journal on economy and transport policy
17:28 GMT+2
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Triton Container International and SUCH International has carried to term the fusion
Today the new Triton International Ltd. its first appearance in the list of the Stock exchange of New York
July 13, 2016
The American societies of chartering and sale of Triton container Container International and SUCH International have completed the procedures for their fusion that have led in the constitution of the Triton International Ltd. (TIL), new denomination of the announced concentration at the end last year ( on 10 November 2015).
The fleet of the TIL has a consistency pairs almost five million container from 20 ' (teu). The new society anticipates assets estimated in 8,7 billion dollars and a world-wide market share pairs to 25%. Triton International does today its first appearance in the share list of the Stock exchange of New York, from which the SUCH International exits.
The shareholders of the Triton International Container stop about 55% of the capital of the TIL and the shareholders of SUCH 45%. According to the forecasts, the fusion will allow annual savings pairs to 40 million dollars deriving from synergies.
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The American societies of chartering and sale of Triton container Container International and SUCH International have completed the procedures for their fusion that have led in the constitution of the Triton International Ltd. (TIL), new denomination of the announced concentration at the end last year 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
