Announced
Completed
Financials
Tags
locomotive leasing
Germany
locomotives
Majority
Acquisition
Friendly
Leasing
Private Equity
Private
Single Bidder
Completed
Cross Border
Synopsis
A consortium formed by AXA Investment Managers and Credit Agricole Assurances completed the acquisition of European Locomotive Leasing, a provider of electric locomotive leasing solutions, for $1bn. “I would like to thank KKR for having believed in us from the beginning and having enabled me and my team to turn the vision we had for ELL into a successful reality. I also want to welcome AXA IM – Real Assets and Crédit Agricole Assurances as our new partners, who will provide significant further resources to bring our company to the next level,” Christoph Katzensteiner, ELL Founder and CEO.
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