EasyLease acquires 60% stake in United Trans to expand into railways and smart mobility
Acquiring Company
EasyLease
Acquired Company
United Trans
Abu DhabiDescription
EasyLease, a leading provider of integrated mobility solutions, has acquired a 60% stake in United Trans, a leading rail and transportation technology solutions provider. This strategic move reflects EasyLease's commitment to expand its capabilities and presence across the regional mobility sector, aiming to deliver enhanced mobility and transportation solutions to customers across the GCC and the broader MENA region.
Quick answer
EasyLease is acquiring United Trans, announced April 3, 2024. EasyLease is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
- How much did EasyLease pay for United Trans?
- The deal value was not disclosed.
- What does EasyLease do?
- Established in 2011, EasyLease is a leading provider of integrated mobility solutions and operates as a capital subsidiary of the International Holding Company (IHC).
- Where are EasyLease and United Trans based?
- EasyLease is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates. United Trans is based in Maniema, Democratic Republic Of The Congo.
Source: Fundz verified event record.
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Frequently asked
Who acquired United Trans?
United Trans was acquired by EasyLease, based in Abu Dhabi. The deal was reported on April 3, 2024. Established in 2011, EasyLease is a leading provider of integrated mobility solutions and operates as a capital subsidiary of the International Holding Company (IHC). EasyLease is privately held and operates in Transportation.
When did EasyLease acquire United Trans?
EasyLease's acquisition of United Trans was reported on April 3, 2024. EasyLease, a leading provider of integrated mobility solutions, has acquired a 60% stake in United Trans, a leading rail and transportation technology solutions provider. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does United Trans do?
United Trans is a leading rail and transportation technology solutions provider established in 2008. It is privately held, operating in Transportation, and is based in Maniema.
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