M&A Deal Summary |
|
|---|---|
| Date | 2022-01-28 |
| Target | Progress Rail - Battery-Electric Locomotives |
| Sector | Transportation |
| Buyer(s) | Union Pacific |
| Sellers(s) | Progress Rail |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1862 |
| Sector | Transportation |
| Employees | 32,439 |
| Revenue | 24.3B USD (2024) |
Union Pacific is a transportation company whose principal operating company, Union Pacific Railroad, is a railroad franchise serving the Western half of the United States. Union Pacific was founded in 1862 and is based in Omaha, Nebraska.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector: Transportation M&A | 4 of 5 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Alabama M&A | 1 of 1 |
| Country: United States M&A | 5 of 6 |
| Year: 2022 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-28 |
Wabtec - FLXdrive Battery-Electric Locomotive
Wilmerding, Pennsylvania, United States Wabtec's FLXdrive Battery-Electric Locomotive includes 2.5-MWh locomotives are each powered solely by 7,000 battery cells, providing Union Pacific a zero-emission solution for its yard operations. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-29 |
Norfolk Southern
Atlanta, Georgia, United States Norfolk Southern primarily engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports and provides comprehensive logistics services through an extensive intermodal network in the eastern half of the United States. Norfolk Southern was formed in 1980 and is based in Atlanta, Georgia. |
Buy | $85.0B |
| Category | Company |
|---|---|
| Founded | 1982 |
| Sector | Machinery |
| Employees | 8,000 |
Progress Rail is a provider of rail and transit products and services throughout North America.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Alabama M&A | 2 of 2 |
| Country: United States M&A | 3 of 3 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-02 |
Progress Rail Equipment Leasing
Albertville, Alabama, United States Progress Rail Equipment Leasing is a lessor of railroad maintenance-of-way (MOW) equipment and services. Progress Rail Equipment Leasing is based in Albertville, Alabama. |
Sell | - |
