Beacon Rail Metro Finance B.V. (“Beacon Rail”) today announced that it has completed the acquisition of Mitsui Rail Capital Europe B.V. (“MRCE”), a full-service locomotive leasing business in Europe from Mitsui & Co., Ltd. (“Mitsui”).
About Beacon rail
Beacon Rail (together with its affiliates) is a leading rolling stock leasing company headquartered in Luxembourg and focused on serving the UK and European markets. Beacon Rail’s current portfolio includes(1) 507 locomotives, 1,200 freight wagons, and 515 passenger train vehicles and intercity coaches on lease across 18 countries. Beacon Rail has management expertise and capital markets experience, enabling it to meet the equipment needs of its Pan-European customer base.
Founded in 2004 and headquartered in the Netherlands, MRCE is a wholly owned subsidiary of Mitsui. The company is one of the leading electric locomotive leasing companies in Europe with a fleet of 229 electric locomotives as of September 2023. MRCE, offers a full-service offering delivered through a network of 3rd party workshops, which include maintenance, training and logistical support services.
Notes: (1) before acquisition of MRCE
Beacon Rail Leasing
Adam Cunliffe, Chief Executive Officer
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