Railrelease strengthens its position in wagon leasing market
CargoRoll Holding AG, an investment company owned by Reichmuth Infrastructure and PCS Holding, is now an official shareholder of Railrelease, a freight wagon rental company and part of the Rail Innovators Group. By obtaining 49 per cent of Railrelease’s shares, CargoRoll aims to boost its presence in the wagon leasing market and expand its services with more and diverse wagon options.
Both companies share many years of experience in the specific sector. Simultaneously, they both focus on innovative products and long-term railway investments with a sustainable character. Their match, thus, constitutes a natural development that will probably lead to fruitful results. “I am delighted to start this partnership with Reichmuth and PCS Holding”, commented Julian Remie, CEO of Railrelease.
According to Stefan Hasenbӧhler, CEO of Reichmuth, Railrelease will not be the only winner of the new agreement. In contrast, his company will benefit significantly since it was already looking forward to entering the wagon leasing industry and strengthening its presence in the railway business in general. “The company has a wide experience and proven track record in the market”, commented Hasenbӧhler.
On the other side, Oliver Streuli, CEO of PCS Holding, stretched the new investment’s relevance. For his company, such a move signifies a continuous holistic approach towards rail and mobility and a congruous partnership with Reichmuth. “We are convinced that rail freight transportation will play an increasingly important role when it comes to innovative and green logistic solutions in the future”, he concluded.