GATX Rail Europe (“GRE”) and DB Cargo have entered into an agreement for the acquisition of approximately 6,000 freight cars by GRE. Under the terms of the agreement, GRE will acquire the railcars and initially lease them back to DB Cargo for several years. The transaction is expected to close prior to year-end of 2025, subject to customary regulatory approvals.

The package includes a wide range of different car types. As of June 30, 2025, GRE’s fleet consisted of approximately 30,500 railcars. This transaction will expand GRE’s fleet to approximately 36,500 railcars, thereby further diversifying the fleet. This agreement marks a significant milestone in the ongoing relationship between GRE and DB Cargo.