Tiphook Tank Rental
Brand
Tiphook plc was a United Kingdom headquartered transport services company, registered on the London and New York stock markets, which became the world’s second largest marine container leasing business in the 1990s. The company was once a constituent of the FTSE 100 Index.
After a debt-fuelled buying spree in the late 1980s, it crashed in the early 1990s after accounting changes brought about by its expansion into North America brought about a technical and then actual default in its debt coverage.
Subject ID: 71022
MoreTiphook plc was a United Kingdom headquartered transport services company, registered on the London and New York stock markets, which became the world’s second largest marine container leasing business in the 1990s. The company was once a constituent of the FTSE 100 Index.
After a debt-fuelled buying spree in the late 1980s, it crashed in the early 1990s after accounting changes brought about by its expansion into North America brought about a technical and then actual default in its debt coverage.
The rail leasing arm of the business briefly became International Wagon Services in 1996 before being acquired by GE into its European rail leasing business.
Subject ID: 71022
Subject ID: 71022
