Comet Acquires Seneca, RR Mergers Advises
Comet Industries has acquired Seneca Railroad and Mining, with RR Mergers & Acquisitions as advisor.
RR Mergers & Acquisitions
RR Mergers: RailPlan Maintenance Group Sold to Milman
Passenger railcar repair and inspection provider RailPlan International has sold its Maintenance Services Group to Milman Industries, Inc., RR Mergers & Acquisitions reported on Dec. 9.
RR Mergers Advises Platinum Track Services in Its Sale to GCF
RR Mergers & Acquisitions, advisor to rail service providers, supply companies and short line railroads, announced the sale of client Platinum Track Services to GCF Railway Works.
Supply Briefs: Metro East Industries, Petroleum Service Corp., Remprex
RR Mergers & Acquisitions reported the sale of Midwest Maintenance Service to Metro East Industries, a railcar and locomotive repair and maintenance company; Petroleum Service Corp. (PSC) has acquired Prokar, Inc., an on-site railcar repair, maintenance and inspection services provider for petrochemical and refining companies in Texas and Louisiana; and Remprex, an intermodal logistics and transportation services provider, acquired the Technical Services International, Hubert Line and Hubert Rail subsidiaries of Lanco International, Inc.
RR Mergers: OWS Rail Car Sold to Diesel Electric Services
RR Mergers & Acquisitions has announced the sale of OWS Rail Car, Inc. and OWSA Rail Car, Inc. to Diesel Electric Services, a division of Milman Industries, Inc.
RR Mergers: Allpress & Moore Sold to CDL Electric
RR Mergers & Acquisitions has announced the sale of Allpress & Moore Railroad Signal Contractors to CDL Electric Company.
RR Mergers: J&A Industries Sold to CDL Electric
RR Mergers & Acquisitions has announced the sale of J&A Industries to CDL Electric Company.
Ironhorse Resources acquires San Pedro & Southwestern
Short line holding company Ironhorse Resources, Inc., has acquired Arizona-based San Pedro & Southwestern Railroad (SPSR). RR Mergers & Acquisitions, a specialist in the sale of rail sector companies, brokered the deal. SPSR will be renamed the San Pedro Valley Railroad (SPVR); the transaction is effective immediately.