TOUAX : Successful completion of the sale of the shares of Touax Solutions Modulaires

PRESS RELEASE  - Paris, 8 December 2017 - 6 p.m.

TOUAX

YOUR OPERATIONAL LEASING SOLUTION

Successful completion of the sale of the shares of
Touax Solutions Modulaires

TOUAX SCA ("TOUAX") announces today that the sale of all stocks held in Touax Solutions Modulaires SAS to WH Bidco SAS, a company indirectly controlled by funds managed by TDR Capital LLP has been completed at an enterprise value of €165 million. TDR Capital manages funds which currently have the majority shareholding in Algeco.

Fabrice and Raphael WALEWSKI, Managing Partners of TOUAX: "This is a unique opportunity for TOUAX to concentrate on and further develop the leasing of transportation equipment (railcars, barges and containers) driven by the continued growth of world trade. This transaction immediately strengthens our Group's balance sheet and financial capacity allowing notably investments in the container division alongside third party investors which will be accretive for our shareholders".

TOUAX is the largest European operating lessor of containers and barges, and 2^nd largest European operating lessor of railcars (intermodal railcars).

Contacts:

TOUAX

Fabrice & Raphaël Walewski

Managing partners

touax@touax.com

Tel: +33 (0)1 46 96 18 00

ACTIFIN

Ghislaine GASPARETTO

ggasparetto@actifin.fr

 Tel: +33 (0)1 55 88 11 11