Aves One AG has concluded an investment agreement for its acquisition with a company controlled by Swiss Life Asset Managers and Vauban Infrastructure Partners.

The Bidder announced its intention to launch a voluntary public takeover offer at a price of EUR12.80 (US$15.08) per Aves One share. The offer price corresponds to a premium of approximately 38.6% to the volume-weighted average share price of the last three months prior to the announcement of the transaction.  By this, the total enterprise value of Aves One AG is approximately EUR1 billion (US$1.17 billion).

Following a successful takeover, the consortium intends to provide Aves One with additional capital of EUR100 million (US$117.50 million) as well as potential further capital to optimize the capital structure and finance further growth. Aves One owns in excess of 11,000 wagons, which represent around 94% of its total assets.

Macquarie Capital acts as sole financial advisor and Heuking Kühn Lüer Wojtek acts as legal advisor to Aves One.