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ClosedPublished 3 Mar 2026

GATX Corporation /
Wells Fargo Bank, N.A.

GATX Corporation completes $4.2 billion railcar purchase from Wells Fargo Bank, N.A.

Buy side: GATX Corporation
Buy sideGATX Corporation
Target: Wells Fargo Bank, N.A.
TargetWells Fargo Bank, N.A.
GATX Corp · 3 Mar 2026Source
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Buy side: GATX Corporation
Buy sideGATX Corporation
Target: Wells Fargo Bank, N.A.
TargetWells Fargo Bank, N.A.
01 / BuyerGATX Corporation
02 / TargetWells Fargo Bank, N.A.
Source for the buyer and target: GATX Corp

For the buyer and target.

“On January 1, 2026, GATX Corporation, a New York corporation (“GATX” or the “Company”), acquired approximately 101,000 railcars from Wells Fargo Bank, N.A., a national banking association, and its affiliates (“Wells Fargo”), for $4.2 billion through a newly formed joint venture with Brookfield Infrastructure Partners L.P. and its institutional partners (collectively, “Brookfield”).”

Published 3 Mar 2026

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01

What happened

GATX Corporation bought about 101,000 railcars from Wells Fargo Bank, N.A. and its affiliates on Jan. 1, 2026. It did so through a new joint venture with Brookfield Infrastructure Partners L.P. and its institutional partners. The price was $4.2 billion. [01]

GATX starts with a 30% stake in the venture, called GABX, and Brookfield holds 70%. GATX has annual call options to acquire up to 100% of GABX over time. GATX also bought about 200 locomotives directly, and Brookfield separately took on the Wells Fargo rail and locomotive finance lease portfolio. [01]

This amended filing adds historical financial statements of Wells Fargo Rail and pro forma financial statements for the year ended Dec. 31, 2025. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · GATX Corp

GATX Corporation completes $4.2 billion railcar purchase from Wells Fargo Bank, N.A.

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Also stated

    “This amended filing adds historical financial statements of Wells Fargo Rail and pro forma financial statements for the year ended Dec. 31, 2025”

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  2. Closed

    “GATX Corporation completes $4.2 billion railcar purchase from Wells Fargo Bank, N.A. GATX Corporation bought about 101,000 railcars from Wells Fargo Bank, N.A. and its affiliates on Jan. 1, 2026”

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  3. Published by GATX Corp

    The source this page is built from.

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