Acquisition Marks a Milestone with Two-Thirds of Container Fleet Now Owned
“We have long stated that Textainer’s strategy is to increase both our
overall fleet and the portion which we own. This acquisition
demonstrates our success in implementing this strategy,” commented
“This is Textainer’s second large managed container acquisition
announcement in the past month, totaling more than
“The acquired managed container portfolios are seasoned income producing assets. We expect these transactions will be immediately accretive to earnings and to contribute to long-term growth in shareholder value. The acquisition marks a milestone as two-thirds of our fleet is now owned,” concluded Mr. Brewer.
About
Important Cautionary Information Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of U.S. securities laws. Forward-looking statements include
statements that are not statements of historical facts and include,
without limitation, statements regarding: (i) the successful
implementation of our strategy to increase our fleet and the owned
portion of our fleet, (ii) our ability to deploy capital faster than
expected, (iii) anticipated record capital expenditures in 2012 and (iv)
our belief that we entered into immediately accretive transactions that
grow shareholder value. For a discussion of some of these risks and
uncertainties, see Item 3 "Key Information-- Risk Factors" in
Source:
Textainer Group Holdings Limited
Thomas J. Gallo, +1 415-658-8227
Investor
Relations Director
ir@textainer.com