Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

This notification concerns the acquisition by Global Infrastructure Management, LLC of the United States of America, managing the Global Infrastructure Partners funds (GIP), and Azure Vista C 2020 S.à.r.l. (Azure), an indirect wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) of (directly and indirectly) a c. 72.5% shareholding in VTG Aktiengesellschaft (VTG) (the Proposed Transaction). OMERS Administration Corporation (OAC), through its wholly-owned subsidiary OMERS Infrastructure European Holdings B.V. (OMERS), will retain its controlling stake in VTG and following completion of the Proposed Transaction, GIP, Azure and OMERS will have joint control over VTG within the meaning of Article 3(1)(b) of Council Regulation (EC) No. 139/2004.

VTG, headquartered in Hamburg, VTG is an international wagon hire and rail logistics company structured into three main business divisions: (i) railcar leasing, (ii) rail logistics, and (iii) tank container. VTG’s extensive fleet of 88,500 wagons, including 1,000 different wagon types, and 5,000 tank containers provide transportation solutions for a full range of cargo including liquids, gases, steel, wood and paper products, as well as coal, stone, soil and automotive goods.

GIP is a leading global independent infrastructure fund manager, headquartered in New York, USA. GIP is specialised in infrastructure and infrastructure-related assets worldwide. GIP was founded in 2006. GIP's funds invest in equity and equity-related investments in infrastructure and infrastructure-related assets in the transportation, energy, water, waste and other public service sectors.

Azure is an indirect, wholly owned subsidiary of ADIA, established in Luxembourg. Azure is focused on infrastructure investments and owns a number of minority shareholdings.

OMERS, acts as a European investment platform for infrastructure investments for OAC and is established in the Netherlands. OAC is the administrator of the Ontario Municipal Employees Retirement System Primary Pension Plan, which is a Canadian pension fund founded in 1962. OAC invests and administers pensions for active, deferred and retired employees of municipalities, school boards, libraries, police departments, fire departments and other local agencies in Ontario, Canada.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.