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Home News Peacock confirms the acquisition of GEM Containers

Peacock confirms the acquisition of GEM Containers

Tank container leasing group Peacock Container Holding Pte. Ltd. has announced that it recently executed binding documentation through its affiliate companies in Singapore to acquire a portfolio of 9,000 tank containers and associated operating and financial leases from GEM Containers (GEM).

The acquired fleet of young assets consists of a variety of tank container types with solid long-term leases to reputable clients. The addition of assets will boost the total fleet of Peacock to 16,500 tank containers, resulting in Peacock moving to the top six largest tanks container lessors globally.

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