CB Rail, the joint venture rolling stock leasing company of
Babcock & Brown and Bank of Scotland, has chosen CHP
Consulting’s ALFA Systems to manage its portfolio of contracts
worth €600m. In a statement, CHP said CB Rail migrated to ALFA
Systems which will be provided through the application service
provider (ASP) model. Based in Luxembourg and formed in 2004, CB
Rail services the rapidly expanding rolling stock leasing markets
in Germany, Belgium, Netherlands, France and Switzerland, with
plans to expand further into Eastern Europe.
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