M&A Deal Summary |
|
|---|---|
| Date | 2021-08-16 |
| Target | The Andersons - Rail Leasing Business |
| Sector | Business Services |
| Buyer(s) | AITX |
| Sellers(s) | Andersons |
| Deal Type | Divestiture |
| Deal Value | 550M USD |
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| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Automotive |
| Employees | 1,932 |
AITX is a designer and manufacturer of hopper and tank railcars, that operates through three segments: Manufacturing, Railcar Leasing, and Railcar Services. AITX was founded in 1994 and is based in St. Charles, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Business Services) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-18 |
American Railcar Industries - Manufacturing Business Assets
St. Charles, Missouri, United States American Railcar Industries, Inc. - Manufacturing Business Assets comprises two railcar manufacturing facilities in Arkansas and five other operations that provide a range of railcar component and parts supply. These operations build hopper car outlets, tank car valves, axles, castings and railcar running boards, among other ancillary railcar products. |
Sell | $430M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-07 |
SMBC Rail Services
Chicago, Illinois, United States SMBC Rail Services is a full-service lessor of rolling stock, offering comprehensive rail leasing solutions in North America. SMBC Rail Services is based in Chicago, Illinois. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1947 |
| Sector | Agriculture |
| Employees | 2,259 |
| Revenue | 14.8B USD (2023) |
Andersons is a diversified agriculture company. The Andersons serves customers across North America in the grain, ethanol, and plant nutrient sectors, as well as railcar leasing, turf and cob products, and consumer retailing. Andersons was founded 1947 and is based in Maumee, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Business Services) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (Ohio) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-15 |
Lansing Trade Group
Overland Park, Kansas, United States Lansing Trade Group LLC is focused on the movement of physical commodities including grains, feed ingredients, energy products, and freight within North America and internationally. Presently based in Overland Park, Kansas, it employs approximately 550 associates in more than 20 facilities across the U.S. and Canada and a dozen other offices, including in London and Singapore. It owns approximately 55 million bushels of grain storage space and traded more than 1 billion bushels of grain in 2017. |
Buy | $305M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-04 |
Skyland
Johnson, Kansas, United States Skyland operates grain storage and handling facilities at 50 locations in Kansas, Colorado, Oklahoma, and Texas. The company also operates three cotton gins, a full-service agronomy sales and service division, and a retail and wholesale fuel sales and delivery division. It also owns a majority interest in Heartland Soil Services, LLC, a precision agronomy testing, data analysis, and consulting company with operations in five states. Skyland is headquartered in Johnson, Kansas. |
Buy | - |
