MEXICO CITY, MEXICO and JACKSONVILLE, FLORIDA.March 28, 2017 – GMéxico Transportes S.A. de C.V.(“GMXT”), the transportation business unit of Grupo México (MX: GMEXICOB), and the Florida East Coast Railway Holdings Corp (“FEC) today announced that they have entered into an agreement under which GMXT will acquire FEC in an all cash transaction. The acquisition is expected to close subject to satisfaction of closing conditions including the receipt of applicable government approvals.
FEC Railway is for the first time attending the Finished Vehicle Logistics North America (FVLNA) Annual Conference, March 8-10 in Huntington Beach.
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