Sojitz Corporation of America expands its footprint in the rail industry with the acquisition of BW Services
Sojitz Corporation of America continues to expand its North American rail-focused portfolio with the acquisition of BW Services, further strengthening its synergistic network of rail rolling stock businesses.
Sojitz Corporation of America is a subsidiary of the Sojitz Group, which was formed when Nichimen Corporation and Nissho Iwai Corporation joined forces. For more than 150 years, its business has helped support the development of countries and regions. Today, the Sojitz Group consists of approximately 400 subsidiaries and affiliates located in Japan and throughout the world, developing wide-ranging general trading company operations.
Founded in 1994, BW Services is a privately owned railcar servicing company that specializes in the maintenance, repairs and certification of tank cars. The company operates two AAR-certified and strategically situated facilities, one in Angleton, Texas, and the other in Westlake, Louisiana. BW Services handles approximately 1,500 cars per year and has significant expansion potential, with over 50 acres of land available to grow the Texas facility.
Oaklins’ team in Canada advised the buyer in this transaction.
Contacter l'équipe de la transaction
Fausto Levy
Oaklins E. Canada
Sebastien Nadeau
Oaklins E. Canada
Transactions connexes
Cad Railway Industries Inc. a reçu des conseils stratégiques
Les actionnaires de Cad Railway Industries Inc. (CadRI) ont renégocié un accord de distribution avec PowerRail.
En apprendre plusExPretio has been sold to Modaxo
The shareholders of ExPretio have sold the company to Modaxo.
En apprendre plusAutostrada del Brennero acquired a 75% stake in InRail via its STR subsidiary.
Tenor Srl and Inter-Rail SpA have sold a 75% stake in InRail S.p.A. to Autostrada del Brennero SpA. The deal was structured as a sale of shares, increasing the capital available to the business. InRail’s founding shareholders will keep the remaining 25%.
En apprendre plus