News

Deloitte Legal (as formerly Laga) assists Railtraxx shareholders in sale to Transport Ferroviaire Holding

Taking on your challenges

3 April 2019

Deloitte Legal is proud to have advised the shareholders of the Antwerp based railway company Railtraxx, active in the sector of freight train transport and logistics, in their sale of 100% of Railtraxx shares to Transport Ferroviaire Holding, a subsidiary of SNCF, one of Europe’s leading railway companies.

Following this sale, the Belgian rail freight operators Railtraxx and Captrain Belgium, also part of the French Group SNCF, will be operationally integrated in one new railway entity, operating under the Railtraxx name. This integration will create a new dynamic locomotive in the rail freight sector, with a strong position in Europe’s logistic hotspot. The new Railtraxx will distinguish itself through an outstanding level of expertise, operating from the heart of Europe with an extensive international network. The new entity will operate with a high degree of autonomy to remain agile and customer focused. The new combined entity counts on a team of approximately 120 employees and is in pole position to tackle the opportunities and challenges in a rapidly changing market.

The Deloitte Legal team of lawyers from the Corporate and M&A practice was composed of Tim Baart (Corporate and M&A Partner), Wouter D’herde (Corporate and M&A Senior Associate) and Bert Verhoeven (Corporate and M&A Junior Associate).

More information is available on the Railtraxx and SNCF websites.

Did you find this useful?