Business
Stonepeak Portfolio Company Textainer Completes Acquisition of Seaco
HAMILTON, Bermuda, December 16, 2025--Typewriter Ascend Ltd, an entity controlled by Stonepeak and an affiliate of Textainer, has completed its acquisition of marine container leasing company Global Sea Containers Limited ("Seaco") from Global Sea Containers Two Limited, a wholly owned subsidiary of Bohai Leasing Co., Ltd.
About this update from Bohai Leasing Co., Ltd. Class A
[{"type":"text","content":"HAMILTON, Bermuda, December 16, 2025--(BUSINESS WIRE)--Typewriter Ascend Ltd, an entity controlled by Stonepeak and an affiliate of Textainer, has completed its acquisition of marine container leasing company Global Sea Containers Limited ("Seaco") from Global Sea Containers Two Limited, a wholly owned subsidiary of Bohai Leasing Co., Ltd.","length":351,"tagName":"p"},{"type":"text","content":"The acquisition demonstrates Stonepeak’s ongoing commitment to container leasing and reinforces Textainer’s long-standing strategic objective to be customers’ "first call" for the supply of containers.","length":211,"tagName":"p"},{"type":"text","content":"Together, the combined fleet of Textainer and Seaco will consist of approximately 8.3 million CEU (cost equivalent units), making it the world's largest and most diversified container fleet on a CEU basis. The acquisition also creates a differentiated container leasing platform, drawing on the strengths of both organizations to provide enhanced worldwide inventories and best in class service.","length":399,"tagName":"p"},{"type":"text","content":"Olivier Ghesquiere, Textainer’s Chief Executive Officer, commented, "This significant transaction enables us to support our customers’ missions to provide seamless and efficient global leasing services with combined personnel, expertise, and resources. We look forward to playing a leading role in the future of the container leasing industry and supplying container solutions to facilitate our customers’ business growth."","length":433,"tagName":"p"},{"type":"text","content":""Bringing together two world-class teams with deep industry expertise and a market leading global container fleet allows us to better serve our customers and grow in a dynamic global market," said James Wyper, Board member of Textainer, and Head of Transportation & Logistics and Head of U.S. Private Equity at Stonepeak.","length":335,"tagName":"p"},{"type":"text","content":"Nick Hertlein, Board member of Textainer and Managing Director at Stonepeak, added, "We’re proud to enable this success, and we are looking forward to what Textainer and Seaco can achieve together."","length":208,"tagName":"p"},{"type":"text","content":"About Stonepeak","length":15,"tagName":"p"},{"type":"text","content":"Stonepeak is a leading alte...