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Stonepeak Portfolio Company Textainer Completes Acquisition of Seaco
Businesswire· 2025-12-16 14:10
Group 1 - Stonepeak, through Typewriter Ascend Ltd, has acquired Global Sea Containers Limited from Bohai Leasing Co., Ltd, reinforcing its commitment to the container leasing sector [1][2] - The acquisition results in a combined fleet of approximately 8.3 million CEU, establishing the largest and most diversified container fleet globally [3] - The merger aims to enhance service offerings and inventory availability, leveraging the strengths of both Textainer and Seaco [3][4] Group 2 - Textainer's CEO emphasized that the transaction will support seamless global leasing services and facilitate customer business growth [4] - The collaboration is expected to bring together industry expertise and resources, positioning the companies for growth in a dynamic market [4][5] - Stonepeak manages approximately $80 billion in assets, focusing on infrastructure and real assets, aiming for strong risk-adjusted returns [5] Group 3 - Textainer has been a leading lessor of intermodal containers since 1979, with a fleet of 4.4 million TEU, serving around 200 customers globally [6] - The company operates through a network of 14 offices and approximately 400 independent depots worldwide [6]