M&A Deal Summary

Genesee & Wyoming Acquires Chattahoochee & Gulf Railroad

On August 30, 2006, Genesee & Wyoming acquired transportation company Chattahoochee & Gulf Railroad from Gulf & Ohio Railways

Acquisition Highlights
  • This is Genesee & Wyoming’s 9th transaction in the Transportation sector.
  • This is Genesee & Wyoming’s 9th transaction in the United States.
  • This is Genesee & Wyoming’s 2nd transaction in Tennessee.

M&A Deal Summary
Date 2006-08-30
Target Chattahoochee & Gulf Railroad
Sector Transportation
Buyer(s) Genesee & Wyoming
Sellers(s) Gulf & Ohio Railways
Deal Type Divestiture

Target

Chattahoochee & Gulf Railroad

Knoxville,, Tennessee, United States
Chattahoochee & Gulf Railroad are contiguous. Running over approximately 29 miles of track and customer base is primarily overhead traffic between Norfolk Southern Railway (NS) and the Bay Line, but also includes a railcar repair shop and agricultural shippers,

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Buyer(S) 1

Buyer

Genesee & Wyoming

Darien, Connecticut, United States
Category Company
Founded 1899
Sector Transportation
Employees8,000
Revenue 2.3B USD (2018)
DESCRIPTION

Genesee & Wyoming owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands and Belgium. Genesee & Wyoming was founded in 1899 and is based in Darien, Connecticut.

DEAL STATS #
Overall 9 of 26
Sector (Transportation) 9 of 24
Type (Divestiture) 8 of 14
State (Tennessee) 2 of 2
Country (United States) 9 of 19
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-30 H&S Railroad

Knoxville,, Tennessee, United States

H&S Railroad Company Running over approximately 29 miles of track between Hilton, Georgia, and Dothan, Alabama, and Taylor, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Maryland Midland Railway

Union Bridge, Maryland, United States

Maryland Midland Railway, Inc. operates over 63 miles of track between Glyndon and Highfield, Md., and between Walkersville and Taneytown.

Buy $29M

Seller(S) 1

SELLER

Gulf & Ohio Railways

Knoxville,, Tennessee, United States
Category Company
Founded 1985
Sector Transportation
DESCRIPTION

Gulf & Ohio Railways operate on 203 miles of track, using approximately 30 locomotives, to haul freight for 64 industrial customers. G&O plays an important role in the local economies where we operate.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Divestiture) 2 of 2
State (Tennessee) 2 of 2
Country (United States) 2 of 2
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-30 H&S Railroad

Knoxville,, Tennessee, United States

H&S Railroad Company Running over approximately 29 miles of track between Hilton, Georgia, and Dothan, Alabama, and Taylor, Alabama.

Sell -
Mergr

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