Orange County, CA - The Greenbrier Companies, a leading international supplier of equipment and services to global freight transportation markets, has consummated its acquisition of the manufacturing business of American Railcar Industries from ITE Management.
The transaction, on which Paul Hastings advised The Greenbrier Companies, was announced on April 17th and includes two railcar manufacturing facilities in Arkansas. The approximately $410 million acquisition will broaden Greenbrier's American manufacturing footprint, as well as expand its product offerings.
The Paul Hastings team was led by partner Stephen Cooke and also included partners Trevor Katende, Kathy Bell, Holly Snow, Douglas Schaaf, John Simonis, of counsel Todd Schneider and associate Justin Montis.
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