GBSUMMIT LLC / THE GREENBRIER COMPANIES / SUMITOMO CORPORATION / Joint Venture / Private

Synopsis

A 50/50 joint venture agreement between Sumitomo Corporation of Americas and Greenbrier Rail Services, the railcar wheel and axle maintenance unit of The Greenbrier Companies. The agreement establishes GBSummit, a new company that will perform railcar axle machining to support the North American railcar industry.

Principals

target

Gbsummit

bidder

Sumitomo Corporation

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Bidder Team (2)

michael doherty

Of Counsel at Morrison & Foerster

Lawyer

bidder

Deals

n/a

Total Value

david meyer

Partner at Morrison & Foerster

Lawyer

bidder

Deals

£ 53.42 B

Total Value

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