News / GB Railfreight sold to Swedish investment fund to boost pan-European cargo network

The UK’s third-largest intermodal operator, GB Railfreight, is set to welcome new owners after Eurotunnel agreed to sell the unit to a Swedish investment fund, EQT Infrastructure.

The fund owns private Swedish rail freight operator Hector Rail and the acquisition is a major plank in its strategy to create “a leading independent pan-European rail freight operator”.

The Eurotunnel board had indicated its intention to step away from the UK rail freight market, but said GB Railfreight’s French operations were not included in the sale.

It said: ...