Ermewa Group announces that Deutsche Asset Management (Deutsche AM) has taken a 50% equity stake in its subsidiary, Akiem. The stakeholding is expected to take effect in March 2016.
The objective of this partnership is to consolidate Akiem’s position as the European leader in locomotive leasing, by speeding up its development in Europe.
With greater resources at its disposal, Akiem aims to nearly double the size of its fleet of locomotives over the coming 10 years.
‘We have made a commitment to Ermewa Group to help Akiem’s existing management team achieve its ambitions for growth, both in France and in Europe, in a market that requires expertise and investment,’ Hamish Mackenzie, Infrastructure and Debt Manager with Deutsche Asset Management said.
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