PR 16 December 201016.12.2010 18:00:00 CET
PRESSRELEASE Paris, December 16, 2010 - 6 pm
TOUAX announces a successful acquisition of 685 railcars for 30 millions euros
TOUAX Rail is very pleased to announce the successful completion of the purchase of a fleet of 685 railcars on lease to the main rail operators in Hungary and Slovakia for a value of 30 millions of euros. 75% of the acquisition was funded by a third party investor, and 25% by TOUAX Rail.
"This transaction provides a new geographic focus of TOUAX Rail towards central Europe with a clear strategy to continue to develop and expand its market share in the region" said Fabrice Waleswki, managing directors of the Group TOUAX.
The railcars also provide an excellent new diversification of the TOUAX Rail fleet with the addition of Shimms railcars used for the transport of iron coils for the steel industry, and Habbi(ll)nss sliding door railcars which is the ideal railcar for the transport of palletized goods.
With this acquisition, TOUAX Rail will manage a fleet of 8,200 railcars by the end of 2010.
The TOUAX Group provides operational leasing services to a global customer base, both for its own account and on behalf of investors. TOUAX is the European leader in shipping containers and river barges, and no. 2 in modular buildings and freight railcars (intermodal railcars). TOUAX is well positioned to take advantage of the rapid growth in corporate outsourcing of non-strategic assets and every day offers efficient and flexible leasing solutions to more than 5,000 customers.
TOUAX is listed on Euronext in Paris - NYSE Euronext Compartment C (ISIN Code FR0000033003), and features in the SBF 250 Index.
Contacts:
TOUAX
Fabrice & Raphaël Walewski
Managing directors
Tel: +33 (0)1 46 96 18 00
ACTIFIN
Jean-Yves Barbara
Tel: +33 (0)1 55 88 11 11