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Announced

CDPQ to acquire Akiem from SNCF and DWS.

Synopsis

Caisse de dépôt et placement du Québec, an institutional investor, agreed to acquire Akiem, a provider of locomotive leasing services, from SNCF, a provider of operation of railway services, and DWS, an asset management firm. "CDPQ is thrilled to acquire Akiem, a major European player in the rail sector, and is looking forward to working with its team to bring the company to the next stage of its growth. Akiem’s size and positioning across the entire value chain, including maintenance, give it a significant competitive edge to benefit from the expected growth in the locomotive leasing market across Europe. With three quarters of its fleet already operating on electricity, Akiem offers a sustainable response to the challenges of decarbonizing transport – a solution that appealed to us from the start," Emmanuel Jaclot, CDPQ Executive Vice President and Head of Infrastructure.

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