A managed affiliate of OmniTRAX, Inc. has completed the acquisition of Winchester & Western Railroad (WW) from Covia Holdings Corporation. Plans for the transaction were announced in July of this year.
The WW operates in Maryland, Virginia, West Virginia and New Jersey. The acquisition expands the OmniTRAX-managed short lines into new distribution locations in multiple east coast markets.
“We are pleased to finalize this strategic transaction and appreciate the extensive work and due diligence invested to reach this moment,” said OmniTRAX CEO Kevin Shuba. “Our initial outreach with the Winchester & Western team, existing customers and local partners reaffirms our belief in the opportunity this acquisition represents.”