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New Deal


Announced

Grupo México Transportes to invest in Genesee & Wyoming-backed CG Railway.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Tags

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Pending

Friendly

Single Bidder

Railroads

ferry services

railroads

United States

Acquisition

Minority

Private

Cross Border

Synopsis

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Grupo México Transportes, a private rail consortium, offered to invest in Genesee & Wyoming-backed CG Railway, a rail road operator. Financial terms were not disclosed. “This further strengthens our partnership with GMXT, a leader in rail transportation services in Mexico with a strong presence in the southern US, including 13 ports between the two countries. Their network access and expertise, coupled with G&W’s ability to deliver safe and customer-centric first- and last-mile rail service, will enhance CGR’s overall service offering while extending the reach of CGR’s efficient and secure rail service into and out of Mexico," Michael Miller, Genesee & Wyoming CEO.

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