The consortium consisting of investment funds managed by Swiss Life Asset Managers and Vauban Infrastructure Partners has acquired Wascosa, one of the largest independent asset managers of railcars, in an effort to expand their presence in the sustainable rail transport market.
The sellers included Philipp Müller and his family, as well as the company’s operating group entities. Financial terms were not disclosed.
Founded in 1964 and headquartered in Switzerland, Wascosa is active in more than 20 countries in Europe. Swiss Life Asset Managers and Vauban are convinced that Wascosa is in an excellent position to fulfill its mission of customer-driven innovation and to provide integrated solutions, precisely tailored to the customers’ needs. As part of the transaction, Philipp Müller has agreed to extend his tenure as chairman of the board of directors and will continue to lead the Wascosa team.
“With its leading industry position, strong brand recognition
