MRS Logística has invested approximately BRL 1 billion in upgrading its rolling stock, acquiring 560 gondola railcars from Greenbrier Maxion and 30 locomotives from Wabtec as part of its fleet renewal strategy.
Target Information
MRS Logística, a prominent Brazilian logistics operator, has recently acquired 560 gondola railcars from Greenbrier Maxion (GBMX) to enhance its operational efficiency in the mining sector. This purchase is part of a larger initiative that has seen MRS invest approximately BRL 1 billion in rolling stock within the first two months of the year. This follows the announcement of an acquisition of 30 locomotives from Wabtec Corporation, which are also scheduled for delivery in 2024.
According to Guilherme Segalla de Mello, President of MRS Logística, the motivation behind this acquisition is to integrate a new generation of railcars into the fleet, thereby improving the company’s performance. The new gondola railcars are designed to boost operational capabilities for clients, ports, and cargo terminals by enhancing productivity, energy efficiency, and reducing fuel consumption, all while decreasing greenhouse gas emissions. The increased cargo capacity of the new cars will enable MRS to reduce the number of journeys required on its rail network.
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Industry Overview
The railway industry in Brazil plays a crucial role in the nation’s logistics and transportation framework, especially given its significant impact on the economy. MRS Logística operates a 1,643 km rail network across Minas Gerais, Rio de Janeiro, and Sã
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Disclosed details
Transaction Size: $250M