EUROPE: Leasing company GATX Rail Europe has entered into an agreement to acquire approximately 6 000 wagons of a broad mix of types from DB Cargo, which will then lease them back.
The transaction announced on September 23 is expected to close by the end of 2025, subject to customary regulatory approvals.
‘We are very pleased to have been chosen by DB Cargo for this significant transaction’, said Christopher LaHurd, Senior Vice-President International at GATX. ‘This award underscores our commitment to providing innovative and flexible leasing solutions to our customers. The acquisition of these railcars will further diversify our portfolio and strengthen our position in the European rail market.’
As of the end of June this year GATX Rail Europe had a fleet of approximately 30 500 wagons.
