USS acquires VTG Rail UK

Type: Acquisition · Technology: Transport · Country: United Kingdom · Announced: 2026-09-18

The Universities Superannuation Scheme (USS) has entered into a definitive sale and purchase agreement to acquire all shares in VTG Rail UK, a well-established wagon leasing business serving the U.K. rail freight market. VTG Rail UK, which operates as a standalone business under an experienced local management team, has demonstrated substantial growth over the past four years and is recognized as the leading lessor of rail freight wagons in a major European rail freight market. The transaction, expected to close in the fourth quarter of 2026, is not subject to regulatory approvals and will allow USS to deploy long-term, patient capital into a resilient infrastructure business. VTG Group will continue to focus its capital and management resources on the continued development of its broader European business following the sale.

Counterparties

• USS (Buyer)
• VTG (Parent Company)
• VTG Rail UK (Seller)

Source article

📈 The Sherpa Signal — one notable infrastructure deal a day.

📘 Sherpa Guides — practitioner guides to developing, financing and acquiring infrastructure.