OMERS Becomes Shareholder in VTG AG

June 11, 2019
London/Hamburg, June 11, 2019 – OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario (Canada) is pleased to become a 25% indirect shareholder in VTG AG (“VTG” or “Company”), the largest railcar leasing and rail logistics company in Europe.

“We are happy to have completed our second infrastructure investment in Germany. VTG is a strong addition to our growing global portfolio and fits our strategy of actively supporting stable, industry-leading infrastructure businesses to help us meet our long-term pension obligations,” said Ralph Berg, OMERS Global Head of Infrastructure.

VTG is a market leader in private rail freight wagon leasing in Europe. The Company provides essential transportation infrastructure with a diverse portfolio of approximately 94,000 wagons to a diversified customer base of over 1,000 customers.

“We are very impressed by VTG’s industry leadership, strong operational and financial track record, as well as its demonstrated business resilience. We are equally excited about the Company’s future opportunities and will be working – as active asset managers - with Morgan Stanley Infrastructure and the management team to further strengthen the potential of VTG,” said Philippe Busslinger, Head of Europe for OMERS Infrastructure.

Today’s news marks OMERS’ second infrastructure investment in Germany, following its earlier 2015 investment in Tank & Rast, the country’s leading provider of motorway services. In 2017, Oxford Properties, OMERS real estate investment arm, acquired the Sony Center in Berlin.
 

MEDIA CONTACT INFORMATION:

Hendrik Bender
Hering Schuppener Consulting
Phone: +49 69 92 18 74-12
Mobile: +49 151 16 30 89 48

Stephanie Lichtenberg
Hering Schuppener Consulting
Phone: +49 69 92 18 74-24
Mobile: +49 171 86 29 942
 
OMERS:

Neil Hrab
Manager, External Communications and Media Relations
nhrab@omers.com
416-369-2418

About OMERS and OMERS Infrastructure
 
OMERS Infrastructure manages investments globally in infrastructure on behalf of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada. Investments are aimed at steady returns to help deliver secure and sustainable pensions to OMERS members.

OMERS diversified portfolio of large-scale infrastructure assets exhibits stability and strong cash flows, in sectors including energy, transportation and government-regulated services. OMERS has employees in Toronto and other major cities across North America, the U.K., Europe, Asia and Australia. OMERS is one of Canada's largest defined benefit pension funds with net assets of C$97 billion. Visit www.omersinfrastructure.com for more information.