Marmon Holdings acquires GE Railcar Services’ fleet
Marmon Holdings, Inc. has reached a definitive agreement with General Electric Capital Corporation and as of Sept. 30, 2015, has acquired substantially all of GE Railcar Services’ owned fleet of railroad tank cars. In a separate transaction, to be completed by the end of 2015, Marmon has also agreed to acquire certain GE Railcar Repair Services’ repair and maintenance facilities. Terms of the transactions are not being disclosed.