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CBRail Acquires Porterbrook's European Business

by Admin last modified 2006-04-21 08:39

16th November 2004 CBRail, a newly created rolling stock leasing company, today announced that it has purchased Porterbrook Leasing Company (Euro) Limited (“PLCEL”).

16th November 2004

CBRail, a newly created rolling stock leasing company, today announced that it has purchased Porterbrook Leasing Company (Euro) Limited (“PLCEL”).

The company has lease contracts in several European countries consisting of 28 diesel and electric locomotives and 67 passenger coaches. The portfolio assists CBRail to develop critical mass in European markets. CBRail aims to establish a distinguishing reputation for offering customers specific solutions to their requirements.