Textainer Group completed the acquisition of Leased Assets Pool Company for $192m.

Textainer Group, a lessor of intermodal containers, completed the acquisition of Leased Assets Pool Company, which owns a fleet of approximately 163k twenty-foot equivalent units of intermodal containers, for $192m. "We are very pleased with this acquisition which is in line with our strategy of focusing on our core container leasing business and bottom line. This acquisition of a large and seasoned portfolio of containers we already manage allows us to allocate Capex which will generate immediate contribution to our bottom line while minimizing risks normally associated with external fleet purchases," Olivier Ghesquiere, Textainer Group President and Chief Executive Officer.