The transaction will be completed on June 1, 2017 and combine the operations of Greenbrier Europe and Astra Rail to create an end-to-end, Europe-based freight railcar manufacturing, engineering and repair business.
With principal operations in Poland and Romania and headquarters in the Netherlands, Greenbrier-Astra Rail will have nearly 4,000 employees and six production facilities across Europe.
Greenbrier, headquartered in Lake Oswego, OR, is an international supplier of equipment and services to freight rail transportation markets.
Astra Rail is a manufacturer of rail vehicles and also provides engineering and repair.
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