Greenbrier Acquires Majority Interest in Turkish Railcar Builder Rayvag

Greenbrier Acquires Majority Interest in Turkish Railcar Builder Rayvag

Published on August 9, 2018

LAKE OSWEGO, Ore., Aug. 8, 2018 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) today announced that it has completed an agreement between Rayvag Vagon Sanayi ve Ticaret A.S. ("Rayvag") and Greenbrier's European subsidiary, Greenbrier-AstraRail, to take an approximately 68% ownership stake in the railcar manufacturer and provider of railcar repair and parts services.

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