Freight News, Logistics, Rail
CargoBeamer wins €65m investment
[ February 7, 2025 // Chris Lewis ]Intermodal operator CargoBeamer has raised up to €65 million in equity and debt financing from Orion Infrastructure Capital. Alongside €50 million from existing shareholder and €90 million in grants from the German Federal Railway Authority and the Swiss Federal Office of Transport in 2024, the company has secured a total of €205 million in growth capital over the past 12 months.
The investment will support the construction of two CargoBeamer-Terminals in Kaldenkirchen, Germany, and Domodossola,. Initial construction will start in 2025 and will be completed by 2026.
CargoBeamer uses a patented road/rail transfer system that allows it to handle standard road trailers with no need for the reinforcements needed for conventional crane operation.
Tags: CargoBeamer