Taylor Minster Leasing (TML) undergoes management buy-out, deal keeps company ‘in the family’


Gasworld has today learned of a management buy-out at UK-based Taylor Minster Leasing Ltd (TML), an international lessor of cryogenic tanks.

TML owns and manages a fleet of around 4800 tank containers for the transport of various liquid and gas products, including liquid nitrogen, liquid oxygen, liquid argon, ethylene, carbon dioxide and LNG.

Today’s announcement sees Taylor Minster Leasing B.V., based in the Netherlands, complete the acquisition of the shares of both TML Tankcontainers Ltd in Marlow, UK and the management company Taylor Minster Leasing Ltd.

The deal has been completed through a management buy-out (MBO) by Fred Bras, an existing director and founder shareholder and now the new CEO.

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