Milan, 10 January 2019 - Germany’s Railpool Group has signed an agreement with FNM S.p.A. of Milan, Italy, and Tenor S.r.l. of Genova, Italy, for the acquisition of the Electric Locomotive Division of LocoItalia S.r.l.. The completion of the transaction is subject to various conditions. The parties agreed to keep the value of the transaction confidential.
RAILPOOL is one of the largest rolling stock providers in Europe with more than 400 locomotives offering real expertise for full service from a single source. With the acquisition of LocoItalia’s Electric Locomotive Division from FNM and Tenor, Railpool will expand its activities into the Italian market.
Pavia e Ansaldo assisted Railpool with a team led by partner Sven von Mensenkampff with junior associate Ilaria Stassano (both Corporate M&A), partner Valentina Simonelli (employment law), counsel Arianna Paternicò (IP) and partner Marco Jannon (tax). FNM and Tenor managed the sale with their legal in-house teams.