Akiem Group, one of the largest providers of locomotive leasing and related services in Europe, has closed its acquisition of Macquarie European Rail’s rolling-stock leasing business. Financial terms were not disclosed.
The transaction involves 137 locomotives operated by 21 freight and passenger rail operators in Europe and the United Kingdom, 30 electric multiple-unit trains leased to the Greater Anglia franchise in the United Kingdom, 16 diesel multiple-unit trains leased to a Dutch franchise, and 110 wagons.
The companies signed a definitive agreement for the deal in late February.
Akiem now owns a diversified portfolio of more than 600 locomotives operated by 65 customers in Europe and the United Kingdom. With the latest acquisition, Akiem owns the biggest fleet in Europe.