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Pohla & Hallmagi Advises CF&S Estonia on Acquisition of Railway Wagons from Operail Leasing

Pohla & Hallmagi Advises CF&S Estonia on Acquisition of Railway Wagons from Operail Leasing

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Pohla & Hallmagi has advised CF&S Estonia on its acquisition of railway wagons from Operail Leasing.

CF&S Estonia is a logistics group based in Tallinn. The group provides logistics services, including container, road, railway, sea, high & heavy, multimodal, and air transport solutions as well as warehousing, distribution, chartering, and ship agency services.

Operail is an Estonian state-owned freight rail company. According to Operail, 20 private companies took part in the company's auction of rolling stock. The first phase of the sale took place in December 2022, when 522 wagons located in Ukraine were sold for EUR 6.51 million. Phase two, ending in January 2023, saw Operail sell 807 wagons at a price of EUR 22.1 million. Finally, the remaining rolling stock was sold: 1,036 wagons sold for EUR 22.7 million in March of 2023.

Pohla & Hallmagi’s team included Partners Toivo Viilup and Martin Mannik.

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