AGT Food and Ingredients (a portfolio company of Fairfax Financial Holdings) has sold its Short Line Rail and Bulk Handling Infrastructure business to GCM Grosvenor
Client – AGT Food and Ingredients
MobilGrain is an integrated agricultural transportation infrastructure platform in Canada comprised of nine bulk aggregation facilities, two short line railroads (Last Mountain Rail and Big Sky Rail), an intermodal terminal and a marine terminal.
Counterparty – GCM Grosvenor
(NASDAQ: GCMG) Global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit and absolute return investment strategies.
The Northborne team was a trusted partner in helping us navigate this complex transaction. Their deep knowledge of the rail and broader transportation industry across North America as well as their thorough M&A experience were instrumental in helping us achieve this great outcome.Murad Al-Katib President and CEO of AGT