News 22 Dec. 2015

Curtis Advises Touax Rail in Cross-Border Asset Acquisition of Approximately 2,000 Railcars from GE Capital

Touax Group is among the largest lessors and servicers of railcars and other assets in Europe, including shipping containers, modular buildings and river barges, and is listed in Paris on NYSE Euronext. With more than 1.8 billion under management, Touax is one of the European leaders in the operational leasing of this type of equipment. The acquisition increases Touax Rail's fleet of railcars to approximately 10,500 and establishes its position in the United Kingdom while strengthening its existing market standing in continental Europe.
The transaction involved Curtis' London and Frankfurt offices providing English and German law advice.

The Curtis M&A team was led by partner Winta R. Jarvis with associates Andrew Charpentier and Karl Behrouz in London, and partner Thilo Winkeler, counsel Georg Melzer and associates Kim Rissel and Jonas Saunders in Frankfurt.