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Transportation Company - Nacco SAS - Railroad Equipment
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Company NameNacco SAS
Company Web SiteLink
CategoryRailroad Equipment
Year Founded1973
Final Year of Operation2018
TerminationAcquired
Successor/ParentVTG (Details)
CountryFrance (Details)
Transportation Company - Nacco SAS - Railroad Equipment



Company History: Nacco SAS provides rail care transportation services. The Company transports fleet such as chemicals, oil, gas, aggregate, minerals, coal, grain, steel, timber, and other cargo. Nacco conducts business in Paris, France. The company was acquired by CIT Group in 2014. In 2018, VTG acquired all assets of CIT Rail Holdings (Europe) SAS and the associated Nacco Group. Nacco now operated as VTG Rail Europe France. Nacco owned about 11,000 railcars at the time it was acquired by VTG.
Successor/Parent History:
Headquartered in Hamburg, VTG Aktiengesellschaft (VTG AG) is a publicly traded and leading international wagon hire and rail logistics company with around 80,000 railcars on its books at the current time – the biggest privately owned fleet in Europe. Customers benefit from close ties between VTG's three divisions: Railcar, Rail Logistics and Tank Container Logistics. This collaboration creates a powerful, results-driven platform for international freight transportation – a platform that delivers custom-tailored logistical solutions and possesses a wealth of expertise in the transportation of liquids and hazardous goods, where safety is of the essence.

The Group's wagon hire, wagon manufacturing and maintenance activities are complemented by a separate sales organization. In addition, VTG AG, its subsidiaries and its affiliates draw on the resources of various pool systems, as well as offering to manage external wagon fleets. Our tank containers comply with all relevant statutory norms, prescriptions and material requirements and are deployed for transportation by road, rail and sea. Our customers expect industry-specific solutions that reflect the quality and effectiveness of a true global player. Which is exactly what they get from VTG, every time.

A large number of respected companies across a broad spectrum of industries – chemicals, petroleum, automotive engineering and suppliers, the paper industry, you name it – take advantage of our services, concepts and products. VTG AG is an established player in the German and international transportation market. Its shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange and quoted in the SDAX small cap index.
Brief History:
France is one of Europe’s largest countries. It is bordered by six countries other nations: Germany, Belgium and Luxembourg to the northeast, Switzerland and Italy to the southeast and Spain to the southwest. The United Kingdom borders France via the English Channel. The country is considered to be the gateway to Europe as there are several large international airports (two of these can be found in Paris), ferry terminals and the French rail service.

In 486, Frankish tribes unified under Merovingian kingship. In 843, Western Francia was established from the division of the Carolingian Empire. In 1789, the French monarchy was overthrown, and in 1792, the First French Republic was founded. In 1958, the Fifth French Republic was established.

Item Links: We found: 1 different collections associated with Nacco SAS - Railroad Equipment
Item created by: Alain LM on 2019-10-15 03:53:32. Last edited by CNW400 on 2020-08-29 19:17:03

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