Stonepeak completed the acquisition of Textainer for $7.4bn.

Stonepeak, an investment firm, completed the acquisition of Textainer, a company that focuses on purchasing, leasing, and resale of marine cargo containers, for $7.4bn. “Today we embark on Textainer’s exciting next chapter with a renewed commitment to delivering high quality equipment and best-in-class service to our customers worldwide. Over the years, we have established Textainer as our customers’ “first call” for containers, and we look forward to continuing to earn our customers’ trust while growing with them. We’re pleased to have found a great partner in Stonepeak, whose industry expertise and resources position us well to achieve our long-term goals,” Olivier Ghesquiere, Textainer President and CEO.