M&G Prudential’s infrastructure equity arm, Infracapital, has acquired GB Railfreight (GBRf) for an undisclosed sum.
The sale comes on the back of GBRf owner Hector Rail Group’s decision to sell following a three-year period in which GBRf has grown to become the third-largest rail operator in the UK.
Managing director John Smith said: “We have grown at an incredible rate under Hector Rail Group and it has been a real pleasure working …
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Source: The Loadstar