What has been rumoured in the railway world circles for a while is now officially confirmed: Beacon Rail Metro Finance B.V. (Beacon Rail) is acquiring Mitsui Rail Capital Europe B.V. (MRCE). Following regulatory approvals, the acquisition should be completed at the end of Q1 2024.
The Luxembourg-based Beacon Rail, active in 18 European countries, has 507 locomotives, 572 passenger trains and 1,200 freight wagons in its fleet. The MRCE fleet will strengthen Beacon Rail with 222 electric locomotives, which have, so far, been a minor representation of Beacon Rail’s locomotive fleet.
