Textainer Makes Second Acquisition of Managed Containers
Textainer Group Holdings said it acquired about 81,000 TEU (twenty-foot equivalent units) of standard dry freight containers from its managed fleet for about $98 million. The acquisition increases the percentage of Textainer's owned fleet to 66%, it said. CEO Philip…
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Brewer said this is Textainer's second large managed container acquisition announcement in the past month, totaling more than $164 million.