Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Wednesday, 15 November 2017

TOUAX : Successful sale of the US modular building activities to Vesta Modular

TOUAX    

Published: 18:00 CET 15-11-2017 /GlobeNewswire /Source: TOUAX / : TOUP /ISIN: FR0000033003


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 (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: TOUAX, Tour Franklin, 23ème étage 100-101 Terrasse Boieldieu, Paris-la-Défense FR-92042, France
If you would like to unsubscribe and stop receiving these e-mails click here.