On the Record · Genesee & Wyoming
Genesee & Wyoming acquisitions, on the record
The businesses Genesee & Wyoming bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Pentalver Transport Limited (Pentalver)Word for word“In addition, in December 2016, we announced that we entered into an agreement to purchase Pentalver Transport Limited (Pentalver), a U.K.-based maritime container terminal and transportation business.” 10-K for 2016 | agreed acquisition | — | — |
Providence and Worcester Railroad Company (P&W)Word for word“On November 1, 2016 , we completed the acquisition of Providence and Worcester Railroad Company (P&W) for $126.2 million .” 10-K for 2016 | acquisition | November 1, 2016 | $126.2 million |
Glencore Rail (NSW) Pty Limited (GRail)Word for word“On December 1, 2016 , one of our Australian subsidiaries completed the acquisition of GRail for A$1.14 billion and concurrently issued a 48.9% equity stake in G&W Australia Holdings LP (GWAHLP or the Partnership), which is the holding entity for all of the Company’s Australian businesses, including GRail, to MIRA.” 10-K for 2016 | acquisition | December 1, 2016 | A$1.14 billion |
Pinsly Railroad Company's Arkansas Division (Pinsly Arkansas)Word for word“On January 5, 2015, we completed the acquisition of Pinsly Arkansas for $41.3 million in cash.” 10-K for 2016 | acquisition | January 5, 2015 | $41.3 million |
RailInvest Holding Company Limited (parent of London-based Freightliner)Word for word“On March 25, 2015, we acquired all of the outstanding share capital of RailInvest Holding Company Limited, the parent company of London-based Freightliner, for total consideration of £516.3 million (or $769.1 million at the exchange rate on March 25, 2015).” 10-K for 2016 | acquisition | March 25, 2015 | £516.3 million (or $769.1 million at the exchange rate on March 25, 2015) |
Assets of the western end of Dakota Minnesota & Eastern Railroad Corporation (DM&E) from Canadian Pacific Railways Limited (CP)Word for word“On May 30, 2014, our new subsidiary, Rapid City, Pierre & Eastern Railroad, Inc. (RCP&E), purchased the assets of the western end of CP's DM&E rail line for a cash purchase price of $218.6 million , including the purchase of materials and supplies, railcars, equipment and vehicles.” 10-K for 2016 | acquisition | May 30, 2014 | $218.6 million |
RailAmerica, Inc. (RailAmerica)Word for word“On October 1, 2012, we acquired 100% of RailAmerica for approximately $2.0 billion (equity purchase price of approximately $1.4 billion , or $27.50 per share, plus the payoff of RailAmerica's debt of $659.2 million ).” 10-K for 2016 | acquisition | October 1, 2012 | approximately $2.0 billion |
PentalverWord for word“On May 3, 2017 , our subsidiary, GWI UK Acquisition Company Limited, purchased for cash all of the issued share capital of Pentalver for £97.8 million (or $126.2 million at the exchange rate on May 3, 2017 ) or £77.5 million (or $100.1 million ) net of cash received of £20.2 million (or $26.1 million ).” 10-K for 2017 | acquisition | May 3, 2017 | £97.8 million (or $126.2 million at the exchange rate on May 3, 2017 ) |
Atlantic Western Transportation, Inc. (parent company of Heart of Georgia Railroad, Inc.)Word for word“On May 31, 2017 , we completed the acquisition of all the outstanding shares of Atlantic Western Transportation, Inc., the parent company of Heart of Georgia Railroad, Inc. (HOG), for $5.6 million in cash and contingent consideration valued at $5.7 million .” 10-K for 2017 | acquisition | May 31, 2017 | $5.6 million in cash and contingent consideration valued at $5.7 million |
Providence and Worcester RailroadWord for word“On November 1, 2016 , we completed the acquisition of Providence and Worcester Railroad for $126.2 million .” 10-K for 2017 | acquisition | November 1, 2016 | $126.2 million |
Pinsly ArkansasWord for word“On January 5, 2015, we completed the acquisition of Pinsly Arkansas for $41.3 million in cash.” 10-K for 2017 | acquisition | January 5, 2015 | $41.3 million in cash |
ERS Railways B.V. (ERS)Word for word“(a) On June 5, 2018, we finalized the sale of our Continental Europe intermodal business, ERS Railways B.V. (ERS), for gross cash proceeds of €11.2 million (or $13.1 million at the exchange rate on June 5, 2018), or €6.8 million (or $7.9 million at the exchange rate on June 5, 2018) net of €4.4 million (or $5.2 million at the exchange rate on June 5, 2018) of cash on hand that transferred to the buyer.” 10-K for 2018 | divestiture | June 5, 2018 | €11.2 million |
Atlantic Western Transportation, Inc., the parent company of Heart of Georgia Railroad, Inc. (HOG)Word for word“On May 31, 2017 , we completed the acquisition of all the outstanding shares of Atlantic Western Transportation, Inc., the parent company of Heart of Georgia Railroad, Inc. (HOG), for $5.6 million in cash and contingent consideration valued at $5.7 million .” 10-K for 2018 | acquisition | May 31, 2017 | $5.6 million in cash and contingent consideration valued at $5.7 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $969.5 million | $335.2 million |
| 2017-12-31 | $107.6 million | $15.2 million |
| 2018-12-31 | $0 | $0 |
Deal filings since 2016
- 2019-12-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-08-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-10-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Genesee & Wyoming’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.