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2015-01-20 EVE-001
Eversholt Rail

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Agreement to sell Eversholt Rail Group to CK Investments S.A R.L.


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Eversholt Rail

Agreement to sell Eversholt Rail Group to CK Investments S.A R.L.
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related documents


2010-11-04 HSBC agrees sale of Eversholt Rail Group (HSBC)

2010-11-04 Eversholt Investment Group agrees to buy Eversholt Rail Group from HSBC (Morgan Stanley Infrastructure Partners)

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date
20 January 2015
source Eversholt Rail
type Press release



Eversholt Investment Group S.C.S., a consortium comprising 3i Infrastructure plc, Morgan Stanley Infrastructure Partners and STAR Capital Partners announces it has agreed to sell 100% of Eversholt Rail Group (Eversholt Rail) to CK Investments S.A R.L., a company jointly owned by Cheung Kong Infrastructure Holdings Limited and Cheung Kong (Holdings) Limited, (together, “CKI”).

Eversholt Rail owns approximately 28% of the UK’s passenger train fleet and has been under the consortium’s ownership since 2010.

Completion of the transaction remains conditional only upon receiving clearance from the European Commission under the EU Merger Regulation. It is anticipated that the transaction will close in March 2015.

Mary Kenny, Chief Executive Officer of Eversholt Rail, said: “Eversholt Rail has performed strongly, both operationally and financially, under its current ownership providing, managing and maintaining key UK rail assets. We look forward to continuing our success with CKI, who have extensive experience in managing infrastructure assets and are highly supportive of our strategy and approach.”

- Ends -


Media Enquiries to

For further information, please contact:
Michael Harrison/Andrew Porter Brunswick Group
Tel: +44(0) 20 7404 5959

Notes to Editors:

Eversholt Rail Group
Eversholt Rail Group owns UK passenger and freight rolling stock and has more than 20 years experience in through-life rolling stock asset and project management. Over the past two decades, it has invested more than £2bn in rolling stock and today is a supplier to many the UK’s leading Train Operating Companies.

Further information can be obtained on www.eversholtrail.co.uk


Railhub Archive ::: 2015-01-20 EVE-001





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