Ancala Partners, an independent infrastructure investment manager, agreed to acquire Hector Rail Group, the largest private rail freight operator in Scandinavia, from EQT Partners. Financial terms were not disclosed. "Hector Rail delivers an essential service for its customers and the European economy. We look forward to working with the management team to help Hector’s customers grow and for Hector to provide a high level of service to customers, employees and all other stakeholders," Spence Clunie, Ancala Managing Partner.