GBX - Mergers and acquisitions

Acquires interest of The Longwood Group in portfolio of leased railcars Stable lease fleet cash flows balance exposure to fluctuations in new railcar market LAKE OSWEGO, Ore., Jan. 3, 2023 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, today announced it acquired a 100% interest in GBX Leasing ("GBXL"), its railcar leasing joint venture with The Longwood Group ("Longwood"). This furthers Greenbrier's strategy to grow its lease fleet and expand its services offering. Greenbrier acquired Longwood's minority interest in GBXL's portfolio of leased railcars, manufactured

LAKE OSWEGO, Oregon, Oct. 13, 2021 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, today announced the acquisition of more than 3,600 railcars, a portion of which will be held in GBX Leasing (GBXL), a recently formed special purpose subsidiary which is approximately 95% owned by Greenbrier. GBXL was formed to acquire a minimum of $200 million of newly built and leased railcars in its first year of operations.  GBXL serves high credit quality railcar lessees which require leases with mid-to-longer term maturities.  As of September 30, 2021, GBXL's fleet totals nearly