Baker McKenzie advised Ufenau IV German Asset Light, SLP, a fund exclusively advised by Ufenau Capital Partners AG (“Ufenau”), on the sale of its shareholding in Trans Europa Express Holding AG (“TEX”), a leading independent European railway services provider, to funds managed by Munich-based private equity firm Orlando Capital GmbH.
TEX is a leading independent pan-European railway services provider with operations in Germany, Switzerland, Austria, the Netherlands and Belgium. Since partnering with TEX in 2015, Ufenau has supported its development from a regional railway services group into an integrated platform across the European railway sector. Under Ufenau’s ownership, TEX completed eight add-on acquisitions, expanded internationally, strengthened its management team and broadened its service offering, increasing sales from EUR 80 million to over EUR 150 million.
