Touax 170 years of history

Touax 170 years of history

Happy Birthday Touax! Touax celebrates 170 years of history at the heart of river, rail and intermodal transport infrastructure! In 1853, the first steps for the creation of the “Compagnie de Touage de la Basse Seine et de l’Oise” were taken. Since then, the Touax Group has kept on developing. In 1898, the company held an 85% market share of river transport on the “Seine-Oise” lane. Listed on the Paris Stock Exchange in 1906, the company modernized and diversified its equipment. In 1954 the company began investing in freight railcars, development which was later accelerated with the creation of Touax Rail in 2001. In 1975, the company bet on the growth of international trade and invested in its first shipping containers, accelerating later in 1985 by the takeover of Gold Container Corp (which later became Touax Container Services), and by the increase of investments from 1995, in particular thanks to the issue of the first securitization transaction to third-party institutional investors. Today we are the 1st European lessor of logistics containers, the 2nd European lessor of intermodal wagons and the 1st European and South American lessor of river barges. In 170 years, Touax has become one of the world benchmarks in equipment leasing and management, serving sustainable transportation. Touax, around the globe, for a more sustainable world.