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| Date | 31 Oct 2022 |
| Time | 15:35:08 |
| Category | Acquisitions and alliances |
| ID | 7871E |
3i Infrastructure plc ("3i Infrastructure") has completed its further c.€394m investment in TCR, the leading global provider of Ground Support Equipment rental solutions and services, acquiring the stake owned by funds managed by DWS.
The transaction, announced on 14 June 2022, takes 3i Infrastructure's equity stake to c.96% alongside management.
-ENDS-
For further information, contact:
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Thomas Fodor Investor enquiries
Kathryn van der Kroft Media enquiries
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Tel: +44 20 7975 3469 Email: thomas.fodor@3i.com
Tel: +44 20 7975 3021 Email: kathryn.vanderkroft@3i.com
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Notes to editors:
3i Infrastructure plc
3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company and an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company's purpose is to invest responsibly in infrastructure, delivering long-term sustainable returns to shareholders and having a positive impact on its portfolio companies and their stakeholders.
3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager of 3i Infrastructure plc.