Longwood exits Greenbrier wagon leasing joint venture

The Greenbrier Companies has acquired Longwood Group’s minority interest in the GBX Leasing wagon leasing joint venture

USA: The Greenbrier Companies has acquired Longwood Group’s 10% minority interest in the GBX Leasing wagon leasing joint venture, which was established in February 2021 to provide ‘stable and tax-advantaged’ cash flows to complement more cyclical revenues from Greenbrier’s wagon manufacturing activities.

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