US-based General Finance Corporation (GFC) and its indirect 86.2%-owned subsidiary RWA Holdings Pty Ltd (Royal Wolf) have reached an agreement to acquire the dry and refrigerated container assets of Perth-based Container Hire and Sales (CHS) for A$4.0M (US$3.7M).
The acquisition will see Royal Wolf add 630 containers to its fleet, of which around 570 units are leased in the mining-dominated Western Australia marketplace. CHS’s activities will be consolidated at an existing Royal Wolf customer service centre in Bibra Lakes, south of Perth.
Read this item in full
This complete item is approximately 325 words in length, and appeared in the March 2008 issue of WorldCargo News, on page 21. To access this issue download the PDF here.
You just read one of our articles for free
To continue reading, subscribe to WorldCargo News
By subscribing you will have:
- Access to all regular and exclusive content
- Discount on selected events
- Full access to the entire digital archive
- 10x per year Digital Magazine
SUBSCRIBE or, if you are already a member Log In
Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.