IFM Investors to acquire a 75% stake in Air Rail.

IFM Investors, a global asset manager, agreed to acquire a 75% stake in Air Rail, an airport ground support equipment owner and lessor. Financial terms were not disclosed. “IFM is excited to work with Air Rail's leadership team. GSE equipment is mission critical infrastructure for airports – a sector which IFM knows extremely well. We have been impressed by Air Rail's track record, operational excellence and customer-centric approach. We look forward to working closely with the company to accelerate its ambitious expansion plans," Kyle Mangini, IFM Investors Global Head of Infrastructure.