Cad Railway Industries Ltd. has been acquired by Sojitz
The owners of Cad Railway Industries Ltd. have sold the company to Sojitz Group.
Cad Railway Industries is the largest Pan-Canadian, one-stop repair and remanufacturing platform for all types of rolling stocks: passenger cars, locomotives and freight cars. It operates out of its three facilities in Canada and services clients all across the country and in some parts of the USA.
Sojitz Group was formed from the union of Nichimen Corporation and Nissho Iwai Corporation. For more than 150 years, its business has helped support the development of countries and regions. Today, the Sojitz Group consists of approximately 400 subsidiaries and affiliates located in Japan and throughout the world, developing wide-ranging general trading company operations in a multitude of countries and regions.
Oaklins’ team in Canada acted as advisor to the seller in this transaction.
Lucie Dastous
Executive VP and CFO, CAD Railway Industries Ltd.
Talk to the deal team
Related deals
Combo Group has been acquired by Heniff Transportation Systems
US-based Heniff Transportation Systems has acquired Combo Group. With this transaction, Heniff Transportation Systems immediately expands its presence in the European market, in line with its strategy to grow bulk transportation operations across the region.
Learn moreAero Equipement has been acquired by Supratec
Supratec has acquired Aero Equipement, a distributor of aeronautical parts with a focus on Asian markets. This acquisition will enable Aero Equipement to leverage Supratec’s resources and expertise to further strengthen its presence in these markets.
Learn moreDHL Global Forwarding has sold its specialized fine art logistics business to MTAB AB
Following a review of the current business environment, DHL Global Forwarding has decided to divest its Norwegian fine art business to MTAB.
Learn more