Bure is participating in a private placement in the train operator RushRail AB. At the same time, Bure acquires locomotives to a, by RushRail, recently won large business deal.
The transaction
Bure has entered into agreements to invest in the rail freight market. The investment amounts to approximately SEK 245 million, divided between two separate transactions.

Through a private placement, Bure will invest, 20 MSEK in RushRail and receive an equity stake of 30 per cent.

Bure is investing approximately SEK 225 million for the acquisition of state-of-the-art and energy-efficient electrical TRAXX locomotives from Bombardier. The locomotives will be subleased to RushRail to enable their commitment in freight transport. According to plan, the locomotives will be delivered in the fourth quarter of 2012.

RushRail in short
RushRail is a railway company and a train operator approved by the Swedish Transport Agency (Transportstyrelsen). The company was founded in the mid 2000s but...