TIP Trailer Services to acquire truck and trailer rental company PEMA

TIP Trailer Services to acquire truck and trailer rental company PEMA

TIP Trailer Services acquisition of PEMA : French banking group Societe Generale has entered into an agreement to sell truck and trailer rental company PEMA to TIP Trailer Services, a portfolio company of infrastructure investment manager I Squared Capital, for an undisclosed price. Currently, PEMA manages a fleet of approximately 19,000 vehicles in seven European […]

Tata Steel, thyssenkrupp sign deal to form European steel joint venture

Tata Steel, thyssenkrupp sign deal to form European steel joint venture

Indian steel company Tata Steel and German multinational conglomerate thyssenkrupp have signed agreements to merge their European steel businesses – Tata Steel Europe and thyssenkrupp Steel Europe, respectively into a new company to be named as thyssenkrupp Tata Steel. The new steel business joint venture to be headquartered in the Amsterdam region in the Netherlands […]