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Morgen Stanley Infrastructure gains stake in VTG Aktiengesellschaft

17 October 2016  •  Author: Katie Sadler, Digital Content Producer, European Railway Review

Morgen Stanley Infrastructure has acquired a 29 percent share capital in European wagon hire and rail logistics company, VTG Aktiengesellschaft.

Morgen Stanley Infrastructure gains stake in VTG Aktiengesellschaft

On 13 October 2016, VTG Aktiengesellschaft confirmed Morgen Stanley Infrastructure will acquire 29 percent of the company’s share capital becoming its largest shareholder. The move follows the sale of shares held by Andreas Goer, founder of AAE (Ahaus-Alstätter Eisenbahn) which was acquired by VTG AG in 2015.

Morgen Stanley Infrastructure becomes largest VTG Aktiengesellschaft shareholder

“I am very pleased to have Morgan Stanley Infrastructure as a strong investor with broad experience in infrastructure investments,” expressed Dr. Heiko Fischer, Chairman of the Executive Board of VTG Aktiengesellschaft, commenting on thedevelopment.

Morgan Stanley Infrastructure’s share purchase will make it VTG’s largest shareholder, before Kühne Holding AG, which owns 20 percent of the company’s shares. A further ten percent are held by the Hamburg-based Joachim Herz Stiftung.

Morgan Stanley Infrastructure informed VTG AG that there is currently no intention to acquire 30 percent or more of VTG AG.

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