Uncategorized

Anchorage Acquires Two Major Australian Transport Companies During the First Quarter of 2020

By March 27, 2020 No Comments

Anchorage Capital Partners Fund III (ACPIII) have had an active start to 2020 completing one acquisition  and announcing another during the March 2020 quarter.

During January 2020, ACPIII completed the acquisition of CF Asia Pacific (CFAP), Australia’s leading full-service rail leasing business and the fourth largest owner of assets on the Defined Interstate Rail Network.

Also During the March 2020 quarter, ACPIII announced that the Fund had entered into an agreement to acquire AHG Refrigerated Logistics, Australia’s largest fully integrated cold chain logistics provider, from ASX listed AP Eagers.

Read More