Mitsubishi UFJ Lease & Finance Company (MUFJ) has acquired Engine Lease Finance Corporation (ELF), an aircraft engine leasing company, in addition to equity interests of Beacon Intermodal Leasing, LLC (Beacon) a marine container leasing company.
A spokesman for MUFJ said: “This acquisition enables us to build a business platform for enhancing variations and functions of global asset outlined in one of its priority strategies such as aircraft engines and containers in addition to aircraft, vessels and railcars.”
Source: Brian Rogerson, Asset FInance International