About >> Trifleet Leasing announces MBO

Trifleet Leasing announces MBO

 

Trifleet Leasing is proud to announce that its management has reached an agreement with ING Lease to purchase Trifleet Leasing in a management buyout.

 

Trifleet's management has obtained a majority of shares with the remainder being acquired by strong international partners. Trifleet is particularly pleased with the financial support of Fortis' Aviation & Intermodal Finance Group (www.merchantbanking.fortis.com), a unit which is specialised in intermodal logistics financing. Trifleet also benefited from the expertise of its financial advisor, Zanders Treasury and Finance Solutions (www.zanders.eu).

 

For more details see the Press Release and the Q&A form.

 

All Trifleet investment and improvement programs will progress with full force. That includes the 10% fleet expansion that is currently underway, as well as Trifleet's new, on-line Extranet site - where clients have un-bridled access to real-time operational and support information.

 

Trifleet's excellent service and all operations continue as normal.

Trifleet is a well established, solid and growing global company. This management buy-out enhances Trifleet's ability to focus on offering competitively superior tank leasing and service - 24/7.