Mubadala backs Textainer-Seaco deal with $300m co-investment

Mubadala backs Textainer-Seaco deal with $300m co-investment

Photographer: Jonathan Drake/Bloomberg News

Abu Dhabi sovereign investor Mubadala Investment Company has committed $300 million alongside alternative asset manager Stonepeak to support Textainer’s acquisition of Seaco.

In a statement, Mubadala said the deal creates one of the world’s largest container leasing platforms.

Both Textainer and Seaco are established players in the container leasing market, with diversified fleets and longstanding customer relationships.

The transaction follows Stonepeak’s acquisition of Textainer in 2024 and supports Textainer’s subsequent acquisition of Seaco in 2025, according to a statement.

The combined business, Mubadala said, will operate a fleet of more than 8 million cost equivalent units (CEU), serving shipping lines across key global trade routes, particularly in Asia, where container demand remains closely linked to export manufacturing and regional supply chains.

“The combination of Textainer and Seaco creates a scaled platform with strong market positioning, and together with Stonepeak, we are investing in a business that is well positioned to deliver long-term value,” said Hammad Rahman, head of Asia Pacific, Infrastructure at Mubadala.

Container leasing firms play a central role in global logistics by providing shipping companies with flexible access to containers without requiring direct ownership.

The sector has drawn investor interest due to its long-term leasing contracts, high utilisation levels, and relatively predictable cash flows across market cycles.

The investment adds to Mubadala’s broader infrastructure portfolio spanning transportation, logistics, and digital infrastructure assets, including Transportation Equipment Network, one of North America’s largest trailer leasing platforms.

Mubadala assets under management rose approximately 16.7% year-on-year, increasing from 1.2 trillion dirham in 2024 to 1.4 trillion dirham in 2025.

More notable is the increase in deployment from 119 billion dirham in 2024 to 143 billiondirham in 2025, and a rise in proceeds from 109 billion dirham to 138 billion dirham over the same period.

Mubadala’s five-year return increased to 10.7%, up from 10.1%, while its 10-year return increased to 10.3%, up from 8.7%.

Private investments made up 42% of Mubadala‘s portfolio by asset class, while 20% was public investment, followed by real estate and infrastructure at 17% in 2025.

Edited by: Joymitra Rai

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