Sojitz Group to acquire Southwest Rail Industries.

Synopsis

Sojitz Group, a sogo shosha based in Tokyo, Japan, agreed to acquire Southwest Rail Industries, a US company that operates a railcar leasing business headquartered in Texas. Financial terms were not disclosed. Sojitz Group aims to further expand its railway service business in North America and contribute to the realization of a decarbonized and sustainable society.

Principals

target

Southwest Rail Industries

bidder

Sojitz Corp

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Market Context

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Seller Team (1)

chris garmoe

President at SOUTHWEST RAIL INDUSTRIES

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

masayoshi fujimoto

President and CEO at SOJITZ CORP

Manager

bidder

Deals

£ 376 M

Total Value

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