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New Deal


Announced

GATX to acquire Trifleet Leasing for €175m.

Financials

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Transaction Value£158m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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tank containers

Netherlands

Single Bidder

Acquisition

Private

Majority

equipment leasing

Cross Border

Pending

Equipment Rental

Friendly

Synopsis

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GATX, an equipment finance company based in Chicago, agreed to acquire Trifleet Leasing, a tank container leasing company, for €175m ($214m). "Trifleet complements our existing railcar leasing business and shares GATX’s approach of striving for the highest levels of safety, quality, customer service and environmentally responsible performance. We are committed to strengthening Trifleet’s position in the tank container leasing market by leveraging GATX’s extensive global customer base and experience in managing long-lived, widely used transportation assets," Brian A. Kenney, GATX President and CEO.

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