VTG agrees to sell VTG Rail UK to pension scheme USS

VTG signed a binding agreement on 11 September 2026 to sell all shares in British freight wagon lessor VTG Rail UK to the pension scheme Universities Superannuation Scheme (USS). The price is not disclosed; VTG began reviewing strategic options for the unit in early 2026 and, after a competitive process, wants to focus capital and management resources more on its wider European business. VTG Rail UK has a fleet of about 4,500 freight wagons; closing is due in the fourth quarter of 2026, no regulatory approvals are required, and Marc Hurn remains chief executive. (LOK Report, 11 Sep 2026)