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Completion of further investment in TCR

31 Oct 2022 15:35

RNS Number : 7871E
3i Infrastructure PLC
31 October 2022
 

3i Infrastructure plc completes its further investment in TCR

31 OCTOBER 2022

 

3i Infrastructure plc ("3i Infrastructure") has completed its further c.394m investment in TCR, the leading global provider of Ground Support Equipment rental solutions and services, acquiring the stake owned by funds managed by DWS.

 

The transaction, announced on 14 June 2022, takes 3i Infrastructure's equity stake to c.96% alongside management.

 

-ENDS-

 

 

 

For further information, contact:

 

Thomas Fodor

Investor enquiries

 

Kathryn van der Kroft

Media enquiries

 

 

Tel: +44 20 7975 3469

Email: thomas.fodor@3i.com

 

Tel: +44 20 7975 3021

Email: kathryn.vanderkroft@3i.com

 

 

Notes to editors:

 

3i Infrastructure plc

 

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company and an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company's purpose is to invest responsibly in infrastructure, delivering long-term sustainable returns to shareholders and having a positive impact on its portfolio companies and their stakeholders.

 

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager of 3i Infrastructure plc.

 

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