Announced
Synopsis
OMERS Infrastructure, the defined benefit pension plan for municipal employees in the Province of Ontario, acquired a 25% stake in VTG, the largest railcar leasing and rail logistics company in Europe. Financial terms were not disclosed. “We are very impressed by VTG’s industry leadership, strong operational and financial track record, as well as its demonstrated business resilience. We are equally excited about the Company’s future opportunities and will be working – as active asset managers - with Morgan Stanley Infrastructure and the management team to further strengthen the potential of VTG,” said Philippe Busslinger, Head of Europe for OMERS Infrastructure.
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