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01.07.2020

CargoBeamer orders 216 wagons from On Rail

Financing provided by UniCredit Leasing and Bayerische Landesbank:  Foundation for European growth laid

The Leipzig-based rail technology company CargoBeamer lays the foundation for the expansion of its European route network.

On 24 June 2020, CargoBeamer concluded a contract with On Rail GmbH, Mettmann, for the production of 216 CargoBeamer wagons with the option of expanding the order to 432 wagons.

The long-standing development partner Deutsche Waggon Union is accompanying the production process.

With delivery of the wagons starting in spring 2021, CargoBeamer will expand the transport offer to up to 72 weekly block trains in combined transport for semi-trailers of all types on several trans-European routes.

This next step in the strategic expansion and the growth of CargoBeamer is being financed by an already implemented private capital increase and the consortium consisting of UniCredit Leasing and BayernLB.

Strengthening its market position enables CargoBeamer to further pursue its guiding principles of environmental protection, relief of Europe's roads and the sustainable reduction of CO2 emissions.

About CargoBeamer

The CargoBeamer group is a logistics service provider in "combined road-rail transport" with headquarters in Leipzig, Germany. With the company's own technology consisting of rail wagons, transshipment terminals and logistics software, standard truck semitrailers of all types can travel by rail, without additional conversions and reinforcements on the semitrailers, without driver and tractor unit, without restrictions on Sundays and public holidays and with 4 tonnes more payload per trip. A first route from Kaldenkirchen on the German/Dutch border through Switzerland to northern Italy has been in operation with two daily trains since 2015 and runs at full capacity More than 70,000 semi-trailers have already been transported in over 2000 trains in an environmentally friendly way by rail.

About On Rail

On Rail Gesellschaft für Eisenbahnausrüstung und Zubehör mbH, based in Mettmann, Germany, is a medium-sized company that has been operating successfully in the railway sector since 1982 and has business activities throughout Europe. As a service and trading company, customers are offered needs-based solutions in the areas of vehicle rental, new construction of freight cars, modernization and conversion of freight cars, as well as service, technical consulting and management of vehicles. The vehicle fleet of On Rail GmbH comprises more than 5,000 freight cars, of which approx. 600 vehicles are tank cars. This broadly based fleet of wagons is used to serve state railways, private rail transport companies, railway and track construction companies as well as end customers from the steel, chemical, mining, industrial and forwarding sectors. On Rail GmbH has approx. 400 new freight cars produced annually for itself and its customers and contributes with these reliable and innovative vehicles to the strengthening of European rail freight transport.

About UniCredit

UniCredit is a successful pan-European commercial bank with fully integrated Corporate and Investment Banking. It offers its diversified client base a unique network in Western Europe, as well as in Central and Eastern Europe. UniCredit combines profound local know-how with international reach. Through its European banking network, it enables its clients access to leading banks in 13 key markets: Italy, Germany, Austria, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Rumania, Russia, Serbia, Slovakia and Slovenia. With its network of representative offices and subsidiaries, UniCredit assists and supports its clients in 18 additional countries worldwide.

About Bayern LB

BayernLB is one of the leading German commercial banks. It supports its corporate customers with in-depth expertise over the long term, focusing on high-growth industries of the future, including in particular the mobility sector. In the real estate financing area, BayernLB supports its customers along the entire value chain in Germany and in selected foreign markets. It is the principal bank of the Free State of Bavaria and central bank for the Bavarian savings banks.

About DWU

DWU Deutsche Waggon Union GmbH is an engineering service company for the manufacture and completion of rail vehicles and their components. DWU stands for more than 30 years of professional experience in the freight wagon industry in the planning and execution of maintenance services, for conversions and new constructions up to project management and supervision.