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16 October 2019 The on-line newspaper devoted to the world of transports 16:02 GMT+2



July 13, 2016

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Original news
Triton Container International and SUCH International has carried to term the
fusion
Today the new Triton International Ltd. its first appearance in the list of the Stock exchange of New York

the American societies of chartering and sale of Triton container Container International and SUCH International have completed the procedures for their fusion that have led in the constitution of the Triton International Ltd. (TIL), new denomination of the announced concentration at the end last year(of 10 November 2015).

the fleet of the TIL has a consistency pairs almost five million container from 20 ' (teu). The new society anticipates assets estimated in 8,7 billion dollars and a world-wide market share pairs to 25%. Triton International today makes its first appearance in the share list of the Stock exchange of New York, from which the SUCH International exits.

the shareholders of the Triton International Container stop approximately 55% of the capital of the TIL and the shareholders of SUCH 45%. According to the forecasts, the fusion will allow annual savings pairs to 40 million dollars deriving from synergies.

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