TOUAX : Successful sale of the US modular building activities to Vesta Modular
November 15 2017 - 12:00PM
PRESS RELEASE - Paris, 15 November
2017- 6 p.m.
TOUAX
YOUR OPERATIONAL LEASING SOLUTION
Successful sale of
the US modular building activities to Vesta Modular
As announced and further to the advisory mandate to sell its
business in the United States, TOUAX successfully completed the
sale of its modular buildings activities to Vesta Modular
representing about 1,000 equipment. This sale confirms the Group's
withdraw of its modular buildings activity in this area.
« We selected the company Vesta Modular as it offered the best financial
offer for our shareholders as well as the possibility for all of
our employees to be hired by this group and to be part of its
development » said Fabrice and Raphaël Walewski, Managing
Partners of TOUAX.
TOUAX
Group leases out tangible assets (freight railcars, river barges
and shipping-containers) on a daily basis throughout the world, for
its own account and on behalf of third party investors. With close
to €1.3 billion under management, TOUAX is one of the European
leaders in the operational leasing of this type of equipment.
TOUAX
is listed in Paris on EURONEXT - Euronext Paris Compartment C (Code
ISIN FR0000033003) and on the CAC® Small and CAC® Mid & Small
indexes and in EnterNext PEA-PME.
For
more information: www.touax.com
Contacts:
TOUAX
Fabrice & Raphaël Walewski
Managing partners
touax@touax.com
Tel: +33 (0)1 46 96 18 00
ACTIFIN
Ghislaine GASPARETTO
ggasparetto@actifin.fr
Tel: +33 (0)1 55 88 11 11
Touax - sale of the US modular
activities
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: TOUAX via Globenewswire
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