2025 MOW Spending Report: Passenger-rail programs
Gardner steps down as Amtrak CEO
Guest comment: Oliver Wyman’s David Hunt
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
RAIL EMPLOYMENT & NOTICES
Rail News Home
M&A
Rail News: M&A
CIT Group Inc. subsidiary CIT Rail recently acquired the assets of Bombardier Inc.’s rail-car leasing business. The deal closed on Oct. 2.
The acquisition will increase CIT’s fleet by almost 15,000 cars to about 102,000 freight cars. The deal also will expand the firm’s customer base, adding 250 leases from more than 100 companies to CIT’s portfolio.
10/17/2006
Rail News: M&A
CIT Rail acquires Bombardier's rail-car leasing division
advertisement
CIT Group Inc. subsidiary CIT Rail recently acquired the assets of Bombardier Inc.’s rail-car leasing business. The deal closed on Oct. 2.
The acquisition will increase CIT’s fleet by almost 15,000 cars to about 102,000 freight cars. The deal also will expand the firm’s customer base, adding 250 leases from more than 100 companies to CIT’s portfolio.
