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Trencor's Textainer buys container portfolio
![Trencor's Textainer buys container portfolio](https://biz-file.com/c/1210/115809.jpg)
The acquisition increases the percentage of Textainer's owned fleet to 66%. Textainer is the world's largest lessor of marine containers.
"We have long stated that Textainer's strategy is to increase both our overall fleet and the portion which we own. This acquisition demonstrates our success in implementing this strategy‚" said Philip Brewer‚ Textainer president and chief executive.
"This is Textainer's second large managed container acquisition announcement in the past month‚ totalling more than $164 million‚ and evidences our ability to deploy our recently raised equity ahead of initial expectations. With these recent transactions‚ we expect that 2012 capital expenditures will be at record levels."
Source: I-Net Bridge
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For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
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