Independent journal on economy and transport policy
06:42 GMT+2
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The charter of Textainer container buys the Leased Assets Pool Co. for 66 million dollars
Acquired 166 thousand containers
December 2, 2019
The American charter of Textainer container has signed an agreement in order to buy the compatriot Leased Assets Pool Co. (LAPCO) that it has a fleet of containers constituted give about 163 thousand teu of managed properties and from the same Textainer and other 3 thousand teu managed from other operators. The transaction will have a value of 66 million dollars. The LAPCO is a society controlled indirectly from the Trencor Ltd. that in its turn it possesses about 48% of the capital of the Textainer.
As a result of the acquisition the Textainer will increase from current 80.8% to 85.4% the property quota fleet managed from the society that has a total consistency pairs than more 3,5 million teu.
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