SMBC completes American Railcar Leasing LLC acquisition
SMBC Rail Services LLC (SMBC Rail), the railcar operating lessor and fleet management division of Sumitomo Mitsui Banking Corp. (SMBC), on June 1 completed its acquisition of American Railcar Leasing LLC. SMBC Rail, headquartered in Chicago, will maintain an operating and sales office in St. Charles / St. Peters, Mo.