Press Release

Macquarie Group agrees to sell Macquarie European Rail business to Akiem Group

London, 17 February 2020

Macquarie Group Limited (Macquarie) has reached an agreement to sell its rolling stock leasing business, Macquarie European Rail, to leading European locomotive lessor Akiem Group.

Macquarie European Rail leases passenger and freight rolling stock to train operators across Europe and the United Kingdom.

Stephen Cook, Head of Transportation Finance at Macquarie, said: “Macquarie European Rail has partnered with train operators across the region to connect people and economies for over seven years. Macquarie has found in Akiem Group an experienced new owner to support the ongoing success of the business.”

Headquartered in Paris, Akiem Group has more than 430 locomotives and is one of Europe’s largest providers of locomotive leasing and related services.

The terms of this transaction have not been disclosed.  Completion is subject to customary closing conditions.

 

About Akiem Group

Akiem Group is a major player in locomotive leasing and related services in Europe. Owning 430+ locomotives, Akiem Group operates in all major continental European countries and generates revenue of €150+ million. The company serves more than 50 customers, which operate both the freight and passenger transport markets. Akiem Group includes mgw Service, a European company which specializes in rolling stock maintenance. Akiem’s c. 170 employees are based primarily in France, Germany, Sweden, Italy, Hungary and Poland.

Akiem Group is owned by TLP, a holding company of SNCF, and a fund managed by DWS (“DWS”), a global infrastructure manager. News and information are available at akiemgroup.com.

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