Pentalver to be bought by rail freight firm Genesee & Wyoming


 

Pentalver is to be acquired by United States-based rail freight company Genesse & Wyoming (G&W) for an undisclosed sum. The deal will see G&W, which also owns multimodal operator Freightliner, acquire the container haulier from parent APM Terminals in the first quarter of 2017, subject to closing conditions being fulfilled. G&W said the deal will allow it to boost its service in the UK by utilising both Pentalver’s 150-strong fleet and Freightliner’s fleet of approximately 250 trucks, which the latter […]