Iowa Northern Railway Company has sold an equity interest to The Andersons

Client – Iowa Northern Railway Company

Iowa Northern Railway Company

Operates a 163-mile Class III (short-line) railroad that runs diagonally through Iowa from northwest to southeast from Manly to Cedar Rapids and a branch line from Waterloo to Oelwein.

Counterparty – The Andersons

The Andersons

Diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production and general merchandise retailing.

* Transaction completed by Northborne professional(s) at prior firm.

Deal Highlights

Industry
Industrials & Infrastructure
Client Type
Closely-Held
Counterparty Type
Strategic
Headquarters
Cedar Rapids, IA

Deal Team

Managing Director

Paul Jevnick