MRS Logística has acquired 30 new Evolution Series locomotives from Wabtec Corporation for approximately R$ 500 million to modernize its fleet and improve operational efficiency in freight transportation.

Information on the Target

The target of this acquisition is MRS Logística, a leading logistics operator in Brazil. MRS oversees a railway network that spans 1,643 kilometers across the states of Minas Gerais, Rio de Janeiro, and São Paulo, areas that encompass nearly half of Brazil's GDP. The company is recognized as one of the best freight railways globally, with a production capacity nearly four times greater than that recorded in the 1990s. MRS plays a crucial role in connecting key commodity-producing regions to major industrial parks and ports in Southeast Brazil, facilitating a diverse array of transportation needs including containers, steel, cement, bauxite, agricultural goods, coke, coal, and iron ore. Notably, approximately 20% of Brazilian exports and one-third of all freight transported by train in the country utilize MRS's railways.

Industry Overview in Brazil

Brazil’s railway industry has witnessed significant evolution, becoming an essential component of the country's logistics and transportation infrastructure. The industry is characterized by its capacity to support large-scale industrial operations, facilitating the movement of heavy commodities across vast distances. With an increasing demand for sustainable and efficient transport solutions, railways have been recognized for their lower emissions and higher efficiency compared to road transport.

The Brazilian government has put substantial emphasis on improving railways as part of a broader strategy to enhance infrastructure and sustainability. This includes investments in modernization, expanding networks, and fosterin