DIF Capital Partners to acquire a stake in European railcar leasing company Touax Rail

DIF Capital Partners, through its DIF Core Infrastructure Fund II (“CIF II”), has signed an agreement to acquire a 49% stake from the Touax Group in Touax Rail Limited, via a capital increase of €81.9 millions.   

The Touax Group leases tangible assets (railcars, river barges and containers) every day around the world, for its own account and on behalf of investors. With nearly €1.2bn in assets under management TOUAX is a European company leader in operational leasing in sustainable transport. Touax Rail limited manufactures and distributes rolling stock railroad equipment. The Company markets its shipping containers, modular buildings, and railcars throughout Europe.  

DIF Capital Partners is an independent infrastructure fund manager headquartered in Netherlands. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, North America, Latin America and Australasia.  

Ashurst advised global infrastructure fund manager DIF Capital Partners (DIF) on the acquisition. The team was led by corporate partner Benedikt von Schorlemer and project partner Maximilian Uibeleisen. 

Legal advisors to DIF Capital Partners: Ashurst