
Oaktree acquires Railpool
Oaktree has wholly acquired Munich-based locomotives provider Railpool from HSH Nordbank and KfW Ipex-Bank.
Each bank formerly held a 50% stake in the company and will remain as lenders to support future growth.
The company will focus on the introduction of new vehicles, the expansion of its headcount and the internationalisation of its business.
Company
HSH Nordbank and KfW founded Railpool as a joint venture in 2008. The company combines leasing, maintenance, spare parts procurement, workshop organisation and insurance for railway operators.
The company recently received an order for five locomotives from Siemens, which will be delivered in the coming months. Negotiations are currently underway with several manufacturers for the order of 50 further locomotives.
People
Hermann T Damback is managing director at Oaktree Germany and led the deal.
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