Chinese firm buys TIP Trailer Services Group

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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.

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