Home / EMEA / Alpha Trains announces acquisition of 202 rolling stock assets

Alpha Trains announces acquisition of 202 rolling stock assets

Alpha Trains announces that Alpha Trains Luxembourg No.2 S.à r.l. acquired 202 rolling stock assets in a mixed asset and shares transaction from The Royal Bank of Scotland PLC (RBS) at  the end of 2013.

Alpha Trains has managed the assets on behalf of RBS since a consortium of investors  acquired Alpha Trains from RBS in August 2008. The passenger trains and locomotives are  employed in services across Continental Europe under leasing contracts with several European  train operators.

Commenting on the acquisition, Shaun M. Mills CEO said: “This is a key transaction for Alpha Trains and an important step in our strategy of growing the business. We know the assets well  having managed their delivery and operation since 2008 and are looking forward to fully integrating them in our business for the benefit of our customers. This acquisition further cements Alpha Trains’ position as the leading private rolling stock lessor in Continental Europe.”

Source*Alpha Trains

Check Also

Nokia's communications network to support railway operations on Malaysia's first mass rapid transit line

Nokia’s communications network to support railway operations on Malaysia’s first mass rapid transit line

Nokia has supplied a mission-critical communications network to LG CNS – a Korea-based systems integrator …

Leave a Reply

Your email address will not be published. Required fields are marked *