About us
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. dit is een test
Title
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Title
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
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Timeline
- B Cargo is a freight division of the SNCB/NMBS Group
- 100% state owned
- SNCB Logistics is created, as an independent entity, 100% Owned by the SNCB/NMBS Group
- Argos Wityu acquires a 69% stake in SNCB Logistics withthe management
- SNCB/NMBS remains owner of 31% of the shares
- The group becomes B Logistics
- B Logistics is rebranded as Lineas
- Since carve-out, continuous decrease of dependency on NMBS and Infrabel (IT, personnel, etc.)
- Argos Wityu acquires an additional 21% of SNCB/NMBS shares together with management
- SFPI/FPIM acquires SNCB/NMBS remaining minority (10%)
- Covid refinancing (€60m) - jan 2021
- €30m from consortium of banks
- €30m from existing (Argos Wityu) and new (SFPI/FPIM) shareholder
- Sale & lease back of part of locomotive & wagon feed in Oct’21, allowing to reimburse entire bank club deal financing
- Lineas acquires Rotterdam-based independent Rail Partner (IRP) to Strengthen presence in Dutch market and acquire scarce locomotives