Monday 26th Sep 2016 - Logistics Manager

Chinese firm buys TIP Trailer Services Group

Chinese industrial and services company, HNA Group, has teamed up with Hong Kong-based Bravia Capital to complete the acquisition of TIP Trailer Services Group, a wholly owned subsidiary of GE Capital.

TIP is headquartered in Amsterdam and offers trailer leasing, rental, maintenance and other value-added services to transport and logistics customers across Europe.

HNA says the acquisition is a strategic fit, complementing its existing investments in worldwide aircraft leasing, marine container leasing and ship leasing.