Regional Rail, an owner and operator of short-line freight railroads across North America, has plans to acquire three railroads located in the Midwest region of the United States.
The railroads, owned by Agracel Rail Holdings, include the Effingham Railroad Company, South Point & Ohio Railroad and Illinois Western Railroad Company. The portfolio serves an attractive set of industrial customers across a variety of end markets, including chemicals, aggregates and lumber.
Since partnering in July 2019, 3i Group and Regional Rail will have more than tripled the number of railroads under Regional Rail’s control, increasing to 13 freight railroad operations located across North America. The company provides freight transportation, car storage and transloading services across the United States and western Canada.
In addition to freight services, Regional Rail provides railroad cros