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.
“We are extremely pleased with the level of service Oaklins provided throughout this transaction. Their dedication and professionalism, combined with their deep knowledge of the rail sector, allowed for a seamless agreement as they added value in several areas of the deal.”
Sojitz Corporation of America expands its footprint in the rail industry with the acquisition of BW Services
Andre Bransjer
Sojitz Corporation of America expands its footprint in the rail industry with the acquisition of BW Services
Sojitz Corporation of America continues to expand its North American rail-focused portfolio with the acquisition of BW Services, further strengthening its synergistic network of rail rolling stock businesses.
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