OMERS Infrastructure acquires 25 pct stake in Europe's VTG
OMERS Infrastructure has acquired a 25 percent indirect shareholder stake in VTG AG, a Hamburg, Germany-based rail-car leasing and rail logistics company. No financial terms were disclosed. Established in 1951, VTG provides transportation infrastructure in Europe. Also backed by Morgan Stanley Infrastructure Partners, it has a portfolio of about 94,000 wagons serving more than 1,000 customers. The deal marks the second infrastructure investment in Germany by OMERS, a $97 billion Canadian pension fund.
11 June 2019•2 mins read
