RRTC: Sold to Gravity Rail for Expansion in the Western U.S.
Deal News | Apr 07, 2025 | EIN
RR Mergers & Acquisitions has announced the sale of Railroad Track Construction (RRTC) Colorado to Gravity Rail LLC. RRTC is Denver-based and provides industrial rail transportation and logistics services. The acquisition is said to position both companies for growth, particularly strengthening Gravity Rail’s portfolio in the western United States. Meanwhile, Hyster-Yale Materials Handling Inc.’s hydrogen fuel cell-powered ReachStacker, a zero-emission container handling equipment, has been recognized by the 2025 Business Intelligence Group Innovation awards. The ReachStacker is currently being piloted at the Port of Valencia, Spain, highlighting the importance of data collection to enhance electrified container handling technologies.
Sectors
- Transportation and Logistics
- Clean Energy Technology
Geography
- United States – The sale of RRTC Colorado by RR Mergers to Gravity Rail centers around regional growth in the western United States.
- Spain – The Port of Valencia, Spain, is where Hyster-Yale's hydrogen fuel cell ReachStacker is currently in a pilot program.
Industry
- Transportation and Logistics – RRTC Colorado and Gravity Rail are involved in providing transportation and logistics services, focusing on rail transport.
- Clean Energy Technology – Hyster-Yale’s hydrogen fuel cell-powered ReachStacker highlights advancements in clean energy technology within industrial equipment.
Financials
- Not Disclosed – Financial details of the acquisition of RRTC Colorado by Gravity Rail were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| RR Mergers & Acquisitions | Facilitator of the transaction | Company | A firm that announced the sale of RRTC Colorado. |
| Railroad Track Construction (RRTC) Colorado | Target Company | Company | A Denver-based provider of private industrial rail transportation and logistics services sold to Gravity Rail LLC. |
| Gravity Rail LLC | Bidding Company/Buyer | Company | A terminal operations, transportation, and consulting provider that acquired RRTC Colorado. |
| Hyster-Yale Materials Handling Inc. | Company introducing innovative product | Company | Manufacturer of a hydrogen fuel cell-powered ReachStacker recognized for zero emissions innovation. |
| Lucien Robroek | President, Technology Solutions at Hyster | Person | President of Technology Solutions at Hyster, providing insights on the ReachStacker pilot program. |