Porterbrook to acquire Corelink from Infracapital and DWS.

Porterbrook, a rolling stock financier and asset management company, agreed to acquire Corelink, a company procure and lease rolling stock for the West Midlands passenger rail franchise, from Infracapital and DWS, two infrastructure investors. Financial terms were not disclosed. “West Midlands Trains has been one of our largest customers for over 15 years and this latest transaction solidifies that partnership for the future. It also completes a programme of more than £1bn of capital deployed during the last five years in new trains, fleet upgrades, traction innovation and rail infrastructure," Mary Grant, Porterbrook CEO.