VTG has entered into a definitive sale and purchase agreement to sell all shares in VTG Rail UK to the Universities Superannuation Scheme (USS), one of the United Kingdom’s largest pension funds.
VTG Rail UK is a well-established, high-performing wagon leasing business serving the U.K. rail freight market. During the past four years, the company has shown substantial growth and built a strong track record of customer-focused innovation.
VTG Rail UK operates as a standalone business within the VTG Group under the leadership of an experienced local management team.
VTG confirmed that earlier this year, it began to evaluate options for VTG Rail UK and assess opportunities to maximize value for VTG. Following a comprehensive and competitive process, VTG concluded the transaction with USS represents an attractive outcome for the VTG Group and its stakeholders. Under USS’s ownership, VTG Rail UK will continue investing in growing its fleet and building on its stro
