Wascosa Holding AG

Swiss Life Asset Managers and Vauban Infrastructure Partners are expanding their investments in the sustainable and environment-friendly rail transport market with the acquisition of Wascosa

The consortium composed of investment funds managed by Swiss Life Asset Managers and Vauban Infrastructure Partners (“Vauban”) have acquired Wascosa Holding AG (“Wascosa”) from Philipp Müller and his family, including its operating group entities, to further expand their investments in the highly attractive and resilient rail transport market, benefitting from structural tailwinds driven by an increased modal share of rail to road.
This acquisition follows an earlier joint purchase by Swiss Life Asset Managers and Vauban of an 88% stake in the German rail wagons owner Aves One AG at the end of 2021. Wascosa is a key commercial partner of Aves One.
Founded in 1964 and headquartered in Lucerne, Switzerland, Wascosa is one of the largest independent asset managers of railcars and is active in more than 20 countries in Europe, handling one of the youngest fleets of more than 15,000 wagons and serving more than 230 different customers.
Swiss Life Asset Managers and Vauban Infrastructure Partners will support Wascosa in continuing to deliver innovative logistics solutions for its clients.
As part of the transaction, ensuring continuity in the leadership of Wascosa, Philipp Müller has agreed to extend his tenure as Chairman of the Board of Directors and will continue to lead the highly experienced and dedicated Wascosa team, carrying forward the company’s multi-decade heritage and reputation as a trustworthy and reliable partner.
Both Swiss Life Asset Managers and Vauban are convinced that Wascosa is in an excellent position to fulfil its mission of customer-driven innovation and to provide integrated solutions, precisely tailored to the customers‘ needs, all while staying true to its DNA of being a real industry pioneer.
Wascosa will benefit from the strong momentum and favourable market outlook for European rail wagons and profit from Swiss Life Asset Managers’ and Vauban’s professional expertise in the rail market and infrastructure experience.
Philipp Müller, Wascosa’s Chairman of the Board of Directors, says: “We are very pleased to have Vauban Infrastructure Partners and Swiss Life Asset Managers as new shareholders of the Wascosa Group. Their long-term commitment as well as their expertise in the financing of infrastructure projects will secure Wascosa’s position in the market as well as its future growth.”
Christoph Bruguier, Senior Investment Director & Partner at Vauban Infrastructure Partners, comments: “With its leading industry position, strong brand recognition and growing business over the last decades, Wascosa is strategically positioned to contribute and benefit from the decarbonisation trends for freight transportation in Europe. We look forward to working with Philipp and his talented experienced team, alongside our partner Swiss Life Asset Managers, to unlock the next era of Wascosa’s development based on sustainable investment, continued innovation, customer-focused approach with best-in-class ESG standards.”
Christoph Manser, Head Infrastructure Equity International at Swiss Life Asset Managers, adds: “The European rail sector represents an important part of our infrastructure portfolio and provides our investors with attractive investments with a focus on ESG. Wascosa is a highly innovative and leading pioneer in the industry. We are excited about the value creation opportunity Wascosa represents and look forward to working, alongside Vauban Infrastructure Partners, with all of its stakeholders to extend this history of success.”
Macquarie Capital and CA-CIB acted as joint financial advisers and Latham & Watkins acted as legal adviser to both Swiss Life Asset Managers and Vauban.
Quelle: www.swisslife-am.com

Zeigen Sie Ihren Website-Besuchern, dass die Firma Wascosa Holding AG im Handelsregister eingetragen ist; bauen Sie dazu einfach diesen Code auf Ihrer Webseite ein.

Die Firma Wascosa Holding AG ist im Handelsregister eingetragen.

<iframe src="https://www.monetas.ch/de/1612/Include-Firmenpr%C3%BCfzeichen.htm?url=https://www.monetas.ch/de/647/Firmendaten.htm?subj=2232471&company=Wascosa Holding AG" style="width: 280px; min-height: 50px; border: none; overflow: hidden;" />