Warburg Pincus and Vestar Capital in Acquisition of Triton Containers
February 24, 2011
Cleary Gottlieb is representing Warburg Pincus and Vestar Capital Partners in their purchase of a controlling interest in Triton Container International Limited from Triton Investments Limited, a Pritzker Family business interest. The transaction was announced on February 24 and is expected to close in the second quarter of 2011.
Since its founding in 1980, Triton has grown to become the world’s largest owner-lessor of marine intermodal cargo containers. Triton operates in 42 countries, on six continents, through 17 subsidiary offices, with agents and a network of more than 200 independent depots worldwide.