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KKR Sells European Locomotive Leasing to AXA Investment Managers – Real Assets and Crédit Agricole Assurances

Vinson & Elkins advised Kohlberg Kravis Roberts & Co. L.P., a leading global investment firm, in a definitive agreement under which a consortium formed by AXA Investment Managers – Real Assets, acting on behalf of its clients (“AXA IM – Real Assets”) and Crédit Agricole Assurances will acquire European Locomotive Leasing (“ELL”), a leading pan-European provider of electric locomotive leasing solutions.

The V&E team was led by partner Federico Fruhbeck, with assistance from partner Rob Dixon, counsel Alice Brogi and associates Dominic Kinsky, Heather Boulton and Ka-Mun Fu. Also advising were partner Lucy Jenkins and senior associates John Stephen and Andrew Callaghan.

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