Train Trailer acquired by PE-backed TIP Trailer Services
TIP Trailer Services Group has acquired Train Trailer Rental Ltd, a Canadian provider of trailer rentals, leasing and storage. No financial terms were released. TIP Trailer Services, a European transport equipment leasing, rental and service solutions company based in Amsterdam, said the deal will help it expand into the Canadian market. The business, formerly a subsidiary of GE Capital, was bought in October 2013 by China's HNA Group Co Ltd and Bravia Capital, a Hong Kong private equity firm.
9 August 2016•2 mins read
