- Greenbrier ( NYSE: GBX ) said Tuesday it acquired 100% interest in GBX Leasing , its railcar leasing joint venture with Longwood Group, to grow its lease fleet and expand its services offering.
- The company acquired Longwood's minority stake in GBX Leasing's portfolio of leased railcars, which are manufactured by Greenbrier ( GBX ).
- GBX Leasing now operates as a wholly-owned unit of Greenbrier ( GBX ).
- Greenbrier ( GBX ) formed GBX Leasing in 2021, owning ~95% of the JV with the balance held by Longwood .
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Greenbrier acquires 100% interest in railcar leasing JV