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.
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