Supplier News

GWI completes acquisition of Australia’s GRail

Genesee & Wyoming Inc. (GWI) announced Dec. 1 that Genesee & Wyoming Australia (GWA) has acquired Glencore Rail (GRail) for A$1.14 billion (US$844.9 million) and issued a 49-percent equity stake in GWA for clients and funds handled by Macquarie Infrastructure and Real Assets.