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HICL Infrastructure acquires Hector Rail for £68 million

PRIVATESep 28, 2026

Acquiring Company

HICL Infrastructure PLC

Acquired Company

Hector Rail AB

LondonWisconsinEnergyTransportationTravelLogistics

Description

HICL Infrastructure PLC has entered into an agreement to acquire a 42% stake in Hector Rail AB for approximately £68 million. This investment will allow HICL and other InfraRed-managed funds to own 100% of the largest private rail freight operator in Scandinavia. The investment is expected to complete by 31 December 2026, subject to customary consents, and will enhance HICL's portfolio diversification.

Company Information

Company

HICL Infrastructure PLC

Location

London, England, United Kingdom

About

HICL Infrastructure PLC is a leading infrastructure investment company in the UK. It focuses on acquiring and managing a diversified portfolio of infrastructure projects. The company aims to generate stable income and long-term capital growth for its investors.

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Frequently asked

Who acquired Hector Rail AB?

Hector Rail AB was acquired by HICL Infrastructure PLC, based in London. The deal was reported on September 28, 2026. HICL Infrastructure PLC is a leading infrastructure investment company in the UK. It focuses on acquiring and managing a diversified portfolio of infrastructure projects. HICL Infrastructure PLC is privately held and operates in Energy.

When did HICL Infrastructure PLC acquire Hector Rail AB?

HICL Infrastructure PLC's acquisition of Hector Rail AB was reported on September 28, 2026. HICL Infrastructure PLC has entered into an agreement to acquire a 42% stake in Hector Rail AB for approximately £68 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hector Rail AB do?

Hector Rail AB is the largest private rail freight operator in Scandinavia, operating a fleet of approximately 100 locomotives. The company focuses on providing essential rail freight services with a strong customer base. It is privately held, operating in Transportation, and is based in Wisconsin.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.