Macfarlanes has advised Freightliner Group Limited (Freightliner) management on its sale to Genesee & Wyoming Inc.(G&W) from Arcapita.

G&W has agreed to acquire approximately 95% of the shares of Freightliner from Arcapita and other shareholders for a consideration of approximately £490m.  Members of the existing Freightliner management team will retain an approximate 5% ownership interest with G&W to own 100% by mid-2020.

Headquartered in London, England, Freightliner is an international freight rail operator with operations in the United Kingdom, Poland, Germany, the Netherlands and Australia.

The acquisition is expected to close during the first quarter of 2015.

The Macfarlanes team was led by partner Stephen Drewitt, who comments: “It was a pleasure working with the management team on what was a complex transaction that was delivered in a short space of time.”