Abris Capital Partners invests in Poland’s rail freight market, becoming the majority shareholder in a Wroclaw-based company - Industrial Division.
Industrial Division (ID) is a leading locomotive leasing and rental services provider on the Polish market. The company started its operations in 2003 from the acquisition and sale of rolling stock, and currently manages a fleet of 75 heavy electric locomotives and several diesel locomotives. For many years, the company has been working with key players in the transport of petrochemical products, raw materials and cargo.
“For over 12 years, we have developed Industrial Division on our own, using the knowledge and experience of the co-owners. The prospects for the railway sector are currently excellent and so we have secured investment capital from Abris in order to increase the company's market potential and to extend the scope of our activities. We expect that cooperation with Abris will allow us to significantly accelerate the future development of the business”, said Piotr Ignasiak, President of ID.