We are pleased to inform about another unusual transaction of international character. EP WAGON Sp. z o.o. sold 25% shares in EUROWAGON Sp. z o.o. to the current majority shareholder, CANVETA LIMITED (company affiliated with China-CEE Funds). As part of the transaction, Grant Thornton provided comprehensive transaction support to EP WAGON Sp. z o.o. in the legal, tax and financial areas in particular in terms of determining the key business conditions of the transaction, as well as developing and negotiating the share purchase agreement and other transaction documentation.
Subject | Shares in EUROWAGON Sp. z o.o. |
Buyer | CANVETA LIMITED (company affiliated with China-CEE Funds) |
Seller | EP WAGON Sp. z o.o. |
Industry | Railway car rental |
Value | Undisclosed |
Grant Thornton’s role | Legal, tax and transaction business advisory to the seller |
Special feature | Final stage of the joint venture established in 2018 |
EUROWAGON Sp. z o.o. is the largest independent Polish rolling stock leasing company in Poland. The customers of EUROWAGON include the largest industrial groups both in Poland and Europe as well as leading European private and national railway undertakings.
With this acquisition, CANVETA LIMITED, the company belonging to China-CEE Funds has become the sole shareholder of EUROWAGON Sp. z o.o.