DENVER — OmniTRAX has completed its acquisition of the Winchester & Western Railroad, the company announced in a press release.
The purchase of the 101-year-old short line, which operates approximately 100 route-miles in Virginia, West Virginia, Maryland, and New Jersey, was announced in July. [See “OmniTrax to acquire Winchester & Western,” Trains News Wire, July 26, 2019.]
The purchase expands OmniTrax holdings into the northeast, and joins a list of recent acquisitions including the Cleveland & Cuyahoga and Cleveland Port Railway [see “OmniTrax acquires Cleveland Commercial Railroad, affiliate,” Trains News Wire, Aug. 27, 2019], Alabama & Tennessee River Railway, and Fulton County Railway.
“We are pleased to finalize this strategic transaction and appreciate the extensive work and due diligence invested to reach this moment,” Kevin Shuba, OmniTRAX CEO, said in the release. “Our initial outreach with the Winchester & Western team, existing customers, and local partners reaffirms our belief in the opportunity this acquisition represents.”
