M&A Deal Summary |
|
|---|---|
| Date | 2020-02-10 |
| Target | American Steamship |
| Sector | Transportation |
| Buyer(s) | Rand Logistics |
| Sellers(s) | GATX |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Transportation |
| Employees | 515 |
| Revenue | 315M USD (2021) |
Rand Logistics is a provider of bulk freight shipping services throughout the Great Lakes region. Through its subsidiaries, the Company operates a fleet of three conventional bulk carriers and twelve self-unloading bulk carriers including three tug/barge units. The Company is the only carrier able to offer significant domestic port-to-port services in Canada. Rand Logistics was founded in 1994 and is based in Williamsville, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-09-06 |
Lower Lakes Towing
Port Dover, Ontario, Canada Lower Lakes Towing, Ltd. along with its subsidiary provides bulk freight shipping services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-31 |
Andrie
Muskegon, Michigan, United States Andrie is a maritime company which focuses on marine transportation and specialized marine solutions. Andrie was founded in 1988 and is based in Muskegon, Michigan. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1898 |
| Sector | Transportation |
| Employees | 2,150 |
| Revenue | 1.6B USD (2024) |
GATX is a finance and leasing company that leases, operates, manages, and remarkets assets in the rail and marine markets. GATX was founded in 1898 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Transportation M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-09-01 |
Tank Storage Interests - GATX
Singapore Tank Storage Interests - GATX include include facilities in Singapore, Malaysia, China, and Japan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-23 |
DB Cargo s 6 000 Freight Railcars
Mainz, Germany DB Cargo's 6,000 Freight Railcars comprise a diverse mix of wagon types used in European rail freight operations. DB Cargo's 6,000 Freight Railcars is based in Mainz, Germany. |
Buy | - |