First Union Rail Corp acquires GE Railcar Services, Inc

On September 30, 2015, First Union Rail Corp acquired GE Railcar Services, Inc, a financial services company in Alberta, Canada, from General Electric Co.

Deal at a glance

AnnouncedSeptember 30, 2015 TypeDivestiture TargetGE Railcar Services, Inc Buyer First Union Rail Corp Seller General Electric Co. SectorFinancial Services LocationAlberta, Canada ValueNot disclosed

Target company

GE Railcar Services, Inc

Alberta, Canada

Financial Servicessector

-founded

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Buyer

First Union Rail Corp

Company · 1 deal on record

1st transaction in financial services
1st transaction in Canada

1deals, all time

1in this sector

2015latest

Seller

General Electric Co.

Company · 97 deals on record

97investments

15in this sector

53exits

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Questions about this deal

Who acquired GE Railcar Services, Inc?First Union Rail Corp acquired GE Railcar Services, Inc on September 30, 2015.

Who sold GE Railcar Services, Inc?General Electric Co. was the seller.

What type of deal was it?It was a divestiture in the financial services sector in 2015.

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