Global Infrastructure Partners (GIP) and its partner, the Abu Dhabi Investment Authority (ADIA), have agreed to acquire a 72.5 percent equity interest in European railcar lessor VTG. The sellers were Morgan Stanley Infrastructure Partners and Joachim Herz Stiftung.
Headquartered in Hamburg, Germany, VTG is a global asset and logistics company with a strong focus on rail. VGT operates the largest privately owned fleet of freight wagons in Europe.
In addition to leasing out rail freight wagons and tank containers, the group also provides multimodal logistical services and integrated digital solutions. Its fleet comprises around 88,500 rail freight wagons — mostly tank cars, modular freight wagons, standard freight wagons and sliding-wall wagons — plus about 5,000 tank containers.
“We are excited by this investment and the opportunity to leverage GIP's deep industry expertise in the rail sector to build on a market-leading European transport infrastructure pl
