VTG one of Europe’s leading wagon hire and rail logistics companies, has gained a new major shareholder. Morgan Stanley Infrastructure has communicated that it will hold 29 percent of the company’s share capital and will thereby become the company’s largest shareholder. Andreas Goer, founder of AAE (Ahaus-Alstätter Eisenbahn) which was acquired by VTG AG in 2015, sold all of his shares at a price of 29 Euro per share.
Morgan Stanley Infrastructure’s share purchase will make it VTG’s largest shareholder, before Kühne Holding AG, which owns 20 percent of the company’s shares. A further ten percent are held by the Hamburg-based Joachim Herz Stiftung.
“I am very pleased to have Morgan Stanley Infrastructure as a strong investor with broad experience in infrastructure investments,” notes Dr. Heiko Fischer, Chairman of the Executive Board of VTG Aktiengesellschaft, commenting on this development.
VTG Aktiengesellschaft (Hamburg) is one of Europe’s leading wagon hire and rail logistics companies, with a fleet consisting of more than 80,000 railcars. VTG offers a full-range service, providing tank cars, intermodal wagons, standard freight wagons and sliding wall wagons. In addition to the hiring of wagons, the Group offers comprehensive multi-modal logistics services, mainly around rail transport, and global tank container transports.