Touax (also known as Touax Group) is a French operational leasing company. Its four businesses are river barges, modular buildings, freight railcars, and shipping containers.
History
Touax was formed on 14 July 1853 as "Compagnie de Touage de la Basse Seine et de l’Oise". French imperial decrees, signed by Napoleon III, and granted to Eugène Godeaux on 6 April 1854 and 14 July 1855, gave the company its statutes for operation.[1] It was charged to operate a river transport service on the Seine and Oise rivers.[2]
In 1898 the company merged with Société de Touage et de Remorquage de l’Oise, and changed its name to "Société Générale de Touage et de Remorquage" (a name it held until 1994). On 7 May 1906 the company listed on the Paris stock exchange. Over the years the company diversified from river barges into freight railcars and shipping containers. It has expanded globally throughout Europe, and into North and South America, and Asia.
In the 1980s the company created Touax Corporation in the United States. The company changed its name to Touax, as well as consolidated all its business under a single entity, in 1994. The company is currently headed by members of the Walewski family.