Watco to Acquire Rail Assets at Dow's 6 North American Flagship Locations.

MANews-(C)2009-2020

Kansas, US-based transportation service provider Watco Companies has agreed to acquire the rail infrastructure assets and related equipment of US-based Dow, an olefins and polyethylene manufacturer, the company said.

Terms of the transaction were not disclosed.

Watco will provide select rail services at Dow's six North American flagship locations.

Watco will partner with the Transportation Infrastructure group that manages the Infrastructure Investing strategy and funds managed by Oaktree Capital Management, L.P. to execute the transaction. Oaktree has been an investor in...

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