Greenbrier Europe and Astra Rail merger receives regulatory approvals in Europe
Posted: 22 May 2017 | | No comments yet
The Greenbrier Companies, Inc. and Astra Rail Management GmbH have recently announced that the companies’ planned merger to create Greenbrier-Astra Rail has received all required regulatory approvals from relevant European antitrust officials. The transaction will be completed on 1 June 1 2017 and combines the operations of Greenbrier Europe and Astra Rail to create an end-to-end, Europe-based freight railcar manufacturing, […]
The Greenbrier Companies, Inc. and Astra Rail Management GmbH have recently announced that the companies’ planned merger to create Greenbrier-Astra Rail has received all required regulatory approvals from relevant European antitrust officials.
The transaction will be completed on 1 June 1 2017 and combines the operations of Greenbrier Europe and Astra Rail to create an end-to-end, Europe-based freight railcar manufacturing, engineering and repair business.
With principal operations in Poland and Romania and headquarters in the Netherlands, Greenbrier-Astra Rail will have nearly 4,000 employees and six production facilities across Europe.