Alpha Trains is a rolling stock leasing company operating in the European Union and European Free Trade Association (EFTA) regions of mainland Europe. It was created as Angel Trains International as a spin-off from the British rolling stock leaser Angel Trains in August 2008; as such, its former continental European assets were reallocated to this newly-created entity. In January 2010, the Alpha Trains branding was adopted by the company. Through the 2010s, the company expanded its presence with a series of acquisitions, buying up rolling stock of the Royal Bank of Scotland (RBS) and Société Générale. New-build locomotives and multiple units were also bought in from manufacturers such as Stadler Rail and Alstom, while existing assets were subject to retrofits to improve their capabilities.