Mitsubishi HC Capital acquires container leasing company CAI in $1.1bn takeover

Japan’s Mitsubishi HC Capital has purchased leading container leasing company CAI International in a $1.1bn deal.

The investment is an attempt to build on Mitsubishi HC’s acquisition of Beacon International Leasing (BIL) in 2014, which brought it into the container leasing market.

Mitsubishi HC said: “Through the transaction, the company will establish high profitability and stability in its marine container leasing business, and aims to build a sustainable asset portfolio.