Watson Farley & Williams (“WFW”) has advised Société Générale on the financing of Ermewa Group’s acquisition of Raffles Lease Ptd. Ltd (“Raffles Lease”) and its portfolio of directly managed assets comprising 14,000+ tank containers.
Singapore-based Raffles Lease specialises in the lease management of tank containers and was owned by Buss Global Investment Holdings Pte. Ltd. Paris-headquartered Ermewa Group is a European leader for industrial railcars and tank containers leasing services. Following this acquisition, it now has a fleet of 60,000+ tank containers, in line with its plans to expand globally in the sector.
The WFW Paris Finance team advising Société Générale was led by Partner Alexia Russell, supported by Partner Philippe Wolanski, Associates Ruth van Lare and Arnaud Conquis as well as Trainee Sebastian Lello.
Ermewa Group and Raffles Lease were advised by Hogan Lovells and the Singapore office of LPA-CGR respectively. Société Générale also acted as financial advisor.