Akiem

What Akiem does

Akiem is a European rolling stock leasing and maintenance company headquartered in Saint-Ouen, France, and wholly owned by Canadian institutional investor CDPQ (Caisse de dépôt et placement du Québec) since December 2022. Founded in 2008/2009 and operating across 22 European countries with 450+ employees, the company maintains a fleet of 760 locomotives spanning Siemens Vectron, Alstom TRAXX, Alstom PRIMA, and Newag Dragon-2 platforms, plus 42 passenger vehicles including Stadler FLIRT Akku battery-electric trains and Stadler GTW DMUs. It serves more than 90 clients comprising freight operators, passenger rail operators, and transport organizing authorities.

The company's core technology centers on its ECM (Entity in Charge of Maintenance)-certified industrial ecosystem, supported by a pan-European workshop network (Ostricourt, Borlänge, Hallsberg, Krefeld, MGW Service facilities) and proprietary tools including a GMAO (Gestion de Maintenance Assistée par Ordinateur) maintenance management system and the My Fleet Hub customer portal. Akiem's product portfolio spans locomotive leasing (subscription-based multi-year contracts), passenger train leasing (including the ODEG battery-electric deployment from 2027), industrial and maintenance services (preventive/corrective maintenance, overhauls, component servicing via the Wabtec partnership), and integrated Full Service solutions combining leasing with maintenance. The TerriTrains joint venture with La Banque des Territoires extends the offering into public-private passenger rolling stock financing for regional transport authorities.

Akiem generates revenue primarily through multi-year recurring leasing contracts (subscription model) with fixed rents, supplemented by professional services revenue from maintenance contracts and managed services revenue from full-service packages. Pricing is individually negotiated based on fleet strategy and operational needs. The company's go-to-market relies on direct B2B enterprise sales with dedicated regional key account managers and local native-language teams in major markets. Recent strategic activity includes a €1.52 billion green senior debt refinancing (April 2026), major fleet expansion agreements with Siemens, Alstom, Newag, and Stadler, and expansion into the German passenger train market, supported by planned investment exceeding €1 billion across European markets.

Name

Akiem

Legal name

Akiem Group SAS

Website

https://akiem.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

Akiem is a European rolling stock leasing and maintenance company operating a fleet of 760 locomotives and 42 passenger vehicles across 22 countries, serving 90+ freight operators, passenger rail companies, and transport authorities through multi-year subscription leases and ECM-certified maintenance services.

Ownership category

akta.pro rank

Product category

Rolling Stock Leasing and Maintenance

NAICS

Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing (532411), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324)

SIC

Services-Equipment Rental & Leasing, Nec (7359), Terminal Maintenance Facilities For Motor Freight Transport (4231)

akta.pro industry

PRIMARYTHAIANAA

Depot & Yard Operations (Stabling, Parking, Cleaning)

Travel & Hospitality/Rail, Bus & Ground Passenger Transport/Ground Passenger Transport Operations & Fleet Services (Depots/Maintenance/Dispatch)

SECONDARYTHAIANAL

Facility Maintenance & Utilities for Depots (Buildings, Wash Plants, HVAC)

Travel & Hospitality/Rail, Bus & Ground Passenger Transport/Ground Passenger Transport Operations & Fleet Services (Depots/Maintenance/Dispatch)

SECONDARYTHAIANAC

Vehicle Inspection, Testing & Compliance (Safety, Emissions, Certification)

Travel & Hospitality/Rail, Bus & Ground Passenger Transport/Ground Passenger Transport Operations & Fleet Services (Depots/Maintenance/Dispatch)

SECONDARYTHAIANAG

Parts, Inventory & Supply Chain (Stores, Procurement, Tooling)

Travel & Hospitality/Rail, Bus & Ground Passenger Transport/Ground Passenger Transport Operations & Fleet Services (Depots/Maintenance/Dispatch)

Keywords

• Locomotive leasing
• Rolling stock maintenance
• Passenger train leasing
• Railway asset management
• Cross-border rail traction

Headquarters

HQ city

Saint-ouen

HQ country

France

HQ region

Europe

Offices20 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Supply Chain, Operations, Technology or R&D

Revenue model

1. Locomotive Leasing: Modular and tailor-made locomotive rental solutions. Fleet of 760 locomotives provided to railway operators across 22 European countries. Revenue generated through long-term leasing contracts with fixed rents.
2. Passenger Train Leasing: Rental solutions for passenger trains including Stadler FLIRT Akku battery-electric trains. Leasing contracts extend from 2027 to 2040 for ODEG fleet in Germany.
3. Industrial and Maintenance Services: Maintenance expertise covering preventive and corrective maintenance, major overhauls, and fleet management. Services include brake components, pantographs, and HVAC maintenance through partnerships like Wabtec.
4. Full Service Solutions: One-stop-shop solution combining leasing with comprehensive maintenance services. Assists customers with complete expertise coverage including asset management and operational support.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Akiem leases locomotives and passenger trains to railway operators across 22 European countries, operating a fleet of 760 locomotives and 42 passenger vehicles. The company also provides industrial maintenance services through its Akiem Maintenance & Services subsidiary and offers full-service packages combining leasing with maintenance. Customers include freight operators, passenger rail companies, and transport organizing authorities.

Product overview

Akiem is a leading European provider of locomotive and passenger train leasing and maintenance services operating across 22 countries. The company offers a fleet of 760 locomotives and 42 passenger vehicles through three core service pillars: Leasing Solutions (modular rental of locomotives including Vectron, TRAXX, PRIMA, Dragon-2, and passenger trains including Stadler FLIRT Akku and GTW DMU), Industrial and Maintenance Solutions (comprehensive maintenance through Akiem Maintenance & Services subsidiary with pan-European workshop network), and Full Service (integrated leasing plus maintenance packages). The company also offers TerriTrains, a public-private financing solution with Banque des Territoires for passenger rolling stock. Digital services include My Fleet Hub customer portal for fleet management.

Differentiator

Problem solved

Functional benefit

Brands

• TerriTrains: A joint venture consortium with La Banque des Territoires providing innovative financing, leasing, and management solutions for passenger rolling stock for regional transport authorities and operators in France.

Products and services

• Vectron Locomotive Siemens Vectron platform including BR 193 series in electric (AC) and dual mode variants, with ERTMS compatibility for cross-border operations across European networks.
• TRAXX Locomotive Alstom TRAXX platform including BR 185 (TRAXX AC2), BR 186 (TRAXX MS), BR 187 (TRAXX AC3), BR 188 (TRAXX MS3), and E 483 (TRAXX DC2) variants for multi-system, AC, and DC operations.
• PRIMA Locomotive Alstom PRIMA platform including BB 27000 (PRIMA 2U), BB 37000/37500 (PRIMA 3U15), BB 75000/100/300 (PRIMA), and BB 36000 (ASTRIDE) variants for electric and diesel operations.
• Dragon-2 Locomotive Newag Dragon-2 six-axle freight locomotive in E6MST/E6ACT variants, designed for heavy freight with up to 4,200 tonnes traction capacity, multi-system capability and last-mile diesel module.
• Stadler FLIRT Akku (Battery-Electric Train) Stadler FLIRT battery-electric multiple unit (BEMU) with over 80 km battery range and 160 km/h maximum speed, designed for non-electrified regional lines, offering sustainable and quiet operation.
• Stadler GTW DMU Stadler GTW diesel multiple unit for regional passenger services, providing versatile transport solutions for non-electrified routes.
• Leasing Solutions Modular and tailor-made locomotive and passenger train leasing solutions, providing flexible rental options with multi-year contracts for railway operators across 22 European countries.
• Industrial and Maintenance Solutions Comprehensive maintenance expertise covering preventive and corrective maintenance, major overhauls, and axle reprofiling services through the Akiem Maintenance & Services pan-European workshop network.
• Full Service One-stop-shop solution combining leasing with comprehensive maintenance support, providing customers with complete Akiem expertise throughout the asset lifecycle.
• TerriTrains Innovative financing, leasing, and management solution for passenger rolling stock developed in partnership with La Banque des Territoires, serving transport organizing authorities and regional governments in France.

Quantifiable outcome

• Modal shift: Diesel BB75000 locomotives enable 6x reduction in energy consumption vs. road transport on non-electrified lines
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and flagship.

• Siemens MobilitycoreStrategic or Co-development Partner · 24 March 2026Framework agreement for 80 Vectron locomotives (50 firm + 30 option), including launch of new Vectron Dual Mode Electric/Battery version. Akiem is launch customer with first deliveries planned for 2029/2030. Prior to this, Akiem had already ordered 120 Vectron and Vectron Dual Mode locomotives since 2021. Partnership supports rail decarbonization across Europe.
• ODEG (Ostseelandverkehr)coreChannel Partner/ Reseller/ Distributor · 15 July 202513-year leasing agreement for 14 Stadler FLIRT Akku battery-electric trains, scheduled for delivery from 2027. Project includes €11 million EU funding for maintenance facilities. Marks Akiem's entry into German passenger train leasing market.
• StadlercoreStrategic or Co-development Partner · 15 July 2025Supplier of 14 Stadler FLIRT Akku battery-electric trains for ODEG contract. Trains feature 80+ km battery autonomy and 160 km/h maximum speed for regional services in Germany.
• La Banque des TerritoiresflagshipStrategic or Co-development Partner · 15 July 2025Co-created TerriTrains consortium for innovative financing, leasing and management of passenger rolling stock. Public-private partnership serving transport authorities and regional governments in France.
• LineasflagshipStrategic or Co-development Partner · 16 June 20254-year partnership renewal for locomotive leasing of Prima BB27000, BB37000 and BB75000. Lineas fleet expanded from 32 to 39 locomotives. Partnership of nearly 15 years supports modal shift from road to rail freight.
• Wabtec CorporationcoreImplementation/ SI/ Consulting Partner · 13 October 20225-year services contract covering brake components, pantographs, and HVAC for PRIMA and TRAXX fleets in France and Germany. Partnership includes development of innovative services including additive manufacturing, remote diagnostics, and sustainable HVAC refrigerants.
• AlstomcoreStrategic or Co-development PartnerFramework agreement for 100 Traxx multi-system locomotives. Maintenance contracts for on-board signalling technology. Mid-life overhaul of 23 locomotives. Renewal of commitment to European rail system.
• NewagcoreStrategic or Co-development PartnerContract for 30 Dragon-2 electric locomotives with option for 50 additional units. 10 multi-system units for Poland, Czech Republic, Slovakia; 20 DC units with 'last mile' modules for Poland and cross-border access.
• mgw ServicecoreImplementation/ SI/ Consulting PartnerGerman maintenance company acquired by Akiem Group. Expands maintenance capabilities in Germany. Portal access available for customers.

Scale indicators19 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• GATX Corporation: GATX is a global railcar leasing company headquartered in the US with substantial European operations through GATX Rail Europe. It is a broader incumbent in rail leasing, with deeper freight-wagon focus but overlapping locomotive leasing activities relevant to Akiem's freight operator customer base.
• Stadler Rail: Stadler Rail is a Swiss rolling stock manufacturer supplying the FLIRT Akku battery-electric platform that Akiem is leasing to ODEG. As a manufacturer expanding into services and financing, Stadler is a broad incumbent whose offerings increasingly overlap with Akiem's passenger rolling stock leasing business in Europe.
• Alstom: Alstom is a global rolling stock manufacturer and service provider, with significant European installed base through its TRAXX and PRIMA platforms that Akiem also operates. While not a direct lessor, Alstom's services business and captive financing options create competitive overlap with Akiem's full-service offering.
• Siemens Mobility: Siemens Mobility is the OEM of the Vectron platform that anchors much of Akiem's fleet, and a strategic launch partner on Vectron Dual Mode. While primarily a manufacturer, Siemens Mobility Services provides leasing-adjacent financing and maintenance, making it a broad incumbent with competitive overlap to Akiem's leasing and full-service portfolio.

Direct peers

• Eversholt Rail: Eversholt Rail is a UK rolling stock lessor owning one of Britain's largest passenger and freight fleets, with operations also extending to continental Europe. Comparable to Akiem's leasing model and pan-European operator customer base, particularly in passenger rolling stock.
• Mitsui Rail Capital Europe (MRCE): MRCE is a leading European locomotive leasing company backed by Mitsui & Co, operating a multi-system locomotive fleet serving freight and passenger operators across Europe. Directly comparable to Akiem given similar locomotive leasing focus, multi-system fleet, and pan-European customer base.
• Railpool: Railpool is a Munich-based European locomotive leasing company operating one of the largest TRAXX fleets on the continent, with full-service leasing including maintenance. Highly comparable to Akiem's locomotive leasing and full-service offering across European freight and passenger operators.
• Angel Trains: Angel Trains is a major UK-focused passenger rolling stock leasing company, leasing trains to franchises and operators across Britain. Comparable to Akiem's passenger train leasing business (e.g., ODEG Stadler FLIRT Akku deal) and TerriTrains activity with transport authorities, though more UK-focused.
• Beacon Rail Leasing: Beacon Rail is a European rolling stock lessor focused on locomotives, passenger trains, and freight wagons, with operations across continental Europe and the UK. It is a direct competitor to Akiem in cross-border locomotive leasing and serves a similar operator base in freight and regional passenger markets.
• Alpha Trains: Alpha Trains is one of Europe's largest independent rolling stock leasing companies, operating a fleet of locomotives, passenger trains, and freight wagons across multiple European countries. It is the most directly comparable peer to Akiem given similar product scope (locomotives + passenger), multi-country European footprint, and integrated leasing/maintenance model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Akiem_live
• Facebookfacebook.com/SVGMT
• LinkedInlinkedin.com/company/akiem

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Akiem