Macquarie European Rail

Macquarie European Rail (formerly Lloyds TSB General Leasing) is a rolling stock company (ROSCO) formed in 2009 by the Lloyds Banking Group. Prior to its formation, Lloyds already had a stake in the UK rolling stock leasing market through its membership of the consortium that purchased Porterbrook in 2008.[1][2]

Macquarie European Rail
PredecessorMacquarie Group
FoundedJanuary 2009
FounderLloyds Banking Group
Headquarters
London
,
England
Area served
Europe
United Kingdom
ProductsRolling stock leasing
ParentAkiem
Websitewww.macquarie.com

The company's first major train order was for 30 four-car Class 379s EMUs for National Express East Anglia on its Stansted Express and West Anglia routes.[3][4] Lloyds TSB also financed 20 Class 70 locomotives for Freightliner.[5]

In November 2012, Lloyds Banking Group sold the company to Macquarie Group.[6] In April 2020, the business was sold to Akiem.[7][8]

References
  1. Porterbrook Leasing sale agreed Railway Gazette International 28 October 2008
  2. Abbey sells Porterbrook as HSBC launches review Rail issue 604 5 November 2008 page 10
  3. East Anglian Rail Service Improvements Department for Transport 12 May 2009
  4. Rolling Stock Railway Gazette International May 2009 page 17
  5. Freightliner launches locos Modern Railways
  6. Macquarie Group acquires portfolio of rail assets from Lloyds Banking Group Macquarie Group 29 November 2012
  7. Akiem acquires Macquarie European Rail fleet Railway Gazette International 18 February 2020
  8. Akiem completes acquisition of Macquarie European Rail’s fleet Railway Gazette International 28 April 2020
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