The sale includes 35 Alstom class 440 Coradia Continental EMUs used on the Bremen S-Bahn network; 28 Alstom Coradia Lint 41 DMUs used on the Niers-Rhine-Emscher regional network; and 26 Coardia Lint 41 DMUs which are in operation with Bavarian Regional Railway (BRB) under the Augsburg Diesel Network 2 concession. All three of these concessions are operated by Transdev Germany.

The acquisition expands Alpha Trains' passenger portfolio by 25% to 436 assets.

"This is a significant deal and reinforces our position in the continental Europe leasing market and represents a successful first use of our recently created financing platform to fund the acquisition," says Alpha Trains CEO Mr Shaun Mills.