Successful completion of the sale of the shares of Touax Modular Solutions

TOUAX SCA (“TOUAX”) announces today that the sale of all stocks held in Touax Solutions Modulaires SAS to WH Bidco SAS, a company indirectly controlled by funds managed by TDR Capital LLP has been completed at an enterprise value of €165 million. TDR Capital manages funds which currently have the majority shareholding in Algeco.

Fabrice and Raphael WALEWSKI, Managing Partners of TOUAX: “This is a unique opportunity for TOUAX to concentrate on and further develop the leasing of transportation equipment (railcars, barges and containers) driven by the continued growth of world trade. This transaction immediately strengthens our Group’s balance sheet and financial capacity allowing notably investments in the container division alongside third party investors which will be accretive.”

For further details see http://www.touax.com/touax_home.asp

 

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Stefan Blaas

Stefan Blaas übernimmt die MUTATIO Consult GmbH als Geschäftsführender Gesellschafter Nach erfolgreicher mehrjähriger Zusammenarbeit mit Bernhard Seidenstücker übernimmt Stefan Blaas zum 01. August 2018 die MUTATIO Consult GmbH in Butzbach als Geschäftsführender Gesellschafter und verlegt den Sitz der Gesellschaft nach Augsburg. Dies beinhaltet insbesondere auch die Vertriebsaktivitäten für TOUAX Rail Ltd. in Deutschland.