GEM growth and financing

Crestline Investors, an institutional alternative asset manager is set to fund the accelerated growth of GEM Containers, a tank container leasing and management business based in London.

GEM will use the facility to scale up its leased tank container portfolio, providing high-quality equipment and services to its logistics and industrial customers globally.

CEO of GEM, Heidi Sommerville said: “Crestline worked closely with the GEM team to understand the capabilities of our platform, our outstanding track-record and our value proposition for customers. Together we have formulated a flexible capital solution to fit our growth plans. Crestline’s investment enables us to further accelerate our growth and focus on delivering high-quality assets and services to our customers.”

Managing Director at Crestline Europe, the European subsidiary of Crestline Investors, Andrey Panna said: “We are delighted to be supporting GEM through this investment. We look forward to the continued growth of the company, and working with Heidi and her team to help accelerate GEM’s expansion.’

GEM was established in London in 2012 as a specialist tank container management and leasing business, with a current fleet close to 2000 units. GEM provides a range of tank container specifications for lease to operators and end-users in the international shipping, logistics and manufacturing industries that service a wide range of products and markets across the globe. GEM’s funding structure offers customers a variety of lease transaction types at competitive market rates and terms, supported by our highly experienced team of professionals.

For more information visit www.gemcontainers.com

1st Oct 2017