Flexam Invest supports the growth of CTL Logistics Group by financing a portfolio of locomotives and wagons

Flexam Invest (Kartesia Asset Finance), and CVI are supporting the growth of Polish railway company CTL Logistics Group by financing a portfolio of locomotives and wagons worth €26 million as part of the deployment of its FTAIF II fund.

This financing enables the Polish operator to consolidate its international positioning by supporting its freight transport business throughout Central Europe.

Damien Granger, Partner and Head of Investments for Flexam Invest, said: ‘We are proud to support CTL Logistics Group in its international development, especially as Poland is the second largest rail freight market in the European Union. Through this financing, Flexam Invest continues to promote the growth of zero carbon emission transportation and diversifies its portfolio from a geographical standpoint’.

Pawel Jacel, CFA, Partner at CVI commented: ‘It is another transaction in which CVI demonstrated its commitment to support ambitious enterprises in Central Europe by providing flexible private debt financing. Moreover, thanks to fruitful cooperation with Flexam Invest, transaction was executed and completed smoothly’.