The Wascosa safe tank car design. Credit: Swiss Life Asset Management AG.

Swiss Life Asset Managers and Vauban Infrastructure Partners have taken over freight wagon systems provider Wascosa Holding from Philipp Müller and his family for an undisclosed sum.

The deal includes the acquisition of Wascosa’s operating group entities, which are expected to help both Swiss Life and Vauban bolster investments in the rail transport market.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Latham & Watkins was legal adviser to Swiss Life Asset Managers and Vauban for the deal, while Macquarie Capital and CA-CIB offered financial advice.

Based in Lucerne, Wascosa is involved in the leasing and administration of freight wagons for rail transportation across Europe.

With an investment volume of more than €150m per year, Wascosa acquires modern freight wagons to cater to the freight industry’s needs.

The company’s fleet consists of more than 15,000 wagons ranging from tank wagons for the chemical and mineral oil industry to wagons for combined transport and the conveyance of bulk goods or infrastructure construction.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Wascosa serves over 230 customers, including raw materials groups, industrial and logistics companies, and private and state rail companies, in more than 20 European countries.

Last year, Swiss Life Asset Managers and Vauban picked an 88% interest in German rail wagons owner Aves One.

Wascosa is a commercial partner of Aves One.

Wascosa board of directors chairman Philipp Müller said: “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.”