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Patriot Rail Completes Acquisition Of Pioneer Lines

PRIVATESep 14, 2022

Acquiring Company

Patriot Rail

Acquired Company

Pioneer Lines

ManufacturingAgriculture and FarmingTransportationLogistics

Description

Patriot Rail Company LLC today completed the acquisition from BRX Transportation Holdings of Denver-based Pioneer Lines, Inc., a railroad holding company including 15 short line railroads. The transaction closed following regulatory authorization.

Quick answer

Patriot Rail is acquiring Pioneer Lines, announced September 14, 2022.

How much did Patriot Rail pay for Pioneer Lines?
The deal value was not disclosed.
What does Patriot Rail do?
Patriot Rail operates 16 regional and freight short line railroads, a scenic rail excursion train, and rail-related services companies with operations in over 15 states.
Who are the decision-makers at Patriot Rail?
Fundz holds 1 contact at Patriot Rail. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Agriculture and Farming and Transportation

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Company Information

Company

Patriot Rail

About

Patriot Rail operates 16 regional and freight short line railroads, a scenic rail excursion train, and rail-related services companies with operations in over 15 states. Service capabilities include railcar storage, contract switching, transloading, railcar cleaning, engineering services, excursion railroads, real estate, and track access. In addition, Patriot Rail is a direct partner in assisting to provided railcar repair and maintenance, railcar dismantling, and environmental services including centralized wastewater treatment. For more information about Patriot Rail, visit www.patriotrail.com

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Frequently asked

Who acquired Pioneer Lines?

Pioneer Lines was acquired by Patriot Rail. The deal was reported on September 14, 2022. Patriot Rail operates 16 regional and freight short line railroads, a scenic rail excursion train, and rail-related services companies with operations in over 15 states. Patriot Rail is privately held.

When did Patriot Rail acquire Pioneer Lines?

Patriot Rail's acquisition of Pioneer Lines was reported on September 14, 2022. Patriot Rail Company LLC today completed the acquisition from BRX Transportation Holdings of Denver-based Pioneer Lines, Inc., a railroad holding company including 15 short line railroads. The transaction closed following regulatory authorization. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pioneer Lines do?

A freight and logistics leader since 1986, Pioneer Lines owns and operates 15 short line railroads across 12 states. It is privately held, operating in Manufacturing.

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