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.”