Vossloh successfully completed the acquisition of US rail infrastructure company Rocla Concrete Tie. All relevant merger control clearances have been obtained.
Rocla Concrete Tie, which is based in Denver, Colorado, is North America’s leading manufacturer of concrete railway ties. In addition to concrete ties, the company’s product portfolio also includes switch ties as well as concrete low vibration track blocks and crossing panels that are produced in several of its own plants in the USA and at a production plant in Mexico. The acquistion strengthens Vossloh’s core business in the focus market USA and makes an important contribution to expanding Vossloh’s position as a leading provider of products and services for rail infrastructure.
“The acquisition of Rocla enhances our profile as a provider of integrated comprehensive solutions for rail infrastructure customers while at the same time strengthening our position in the focus market USA”, said Hans M. Schabert, Chief Executive Officer of Vossloh AG.
The contract for the acquisition of Rocla was signed on 5 December 2016 with the previous owners, Altus Capital Partners II.
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