Touax wins 81.9 million euros development funding

Touax Rail Ltd, the rolling stock division of French parent company Touax SCA, has successfully signed an 81.9 million euros capital investment to accelerate the development of its freight railcar division in Europe and Asia. The French leasing agent Touax Rail Limited, popularly known simply as Touax throughout Europe, has entered into a financing deal with the multinational investors DIF Capital Partners, to increase its capital by almost 82 million euros. Touax SCA remains the controlling partner, and the rail division is now ready to accelerate long term leasing ambitions in Europe and Asia.

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Author: Simon Walton

Simon Walton is RailFreight's UK correspondent.

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Investors take stake in Touax | RailFreight.com

Touax wins 81.9 million euros development funding

Touax Rail Ltd, the rolling stock division of French parent company Touax SCA, has successfully signed an 81.9 million euros capital investment to accelerate the development of its freight railcar division in Europe and Asia. The French leasing agent Touax Rail Limited, popularly known simply as Touax throughout Europe, has entered into a financing deal with the multinational investors DIF Capital Partners, to increase its capital by almost 82 million euros. Touax SCA remains the controlling partner, and the rail division is now ready to accelerate long term leasing ambitions in Europe and Asia.

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Are you already a member?

Log in

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Author: Simon Walton

Simon Walton is RailFreight's UK correspondent.

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