Swiss Life AM and Vauban Infrastructure completed the acquisition of Wascosa Holding from Philipp Müller.

Swiss Life Asset Managers, an investment management firm, and Vauban Infrastructure, an asset management company, completed the acquisition of Wascosa Holding, a provider of freight wagon systems, from Philipp Müller. Financial terms were not disclosed. “We are very pleased to have Vauban Infrastructure Partners and Swiss Life Asset Managers as new shareholders of the Wascosa Group. Their long-term commitment as well as their expertise in the financing of infrastructure projects will secure Wascosa’s position in the market as well as its future growth," Philipp Müller, Wascosa Chairman of the Board of Directors.