CANADA: Road-rail crane, telecoms and signalling specialist AV Rail Contracting has been bought by Allied Track Services.
Ontario based ATS provides track maintenance services, including track and turnout installation, emergency repairs, rail welding, surfacing and bridge repairs. The acquisition of AV Rail which is based in Vernon, British Columbia, is intended to support its expansion into western Canada.
The sale was handled by RR Mergers & Acquisitions.
USA: Strait Lane Capital Partners has sold signalling equipment manufacturer J&A Industries to signalling and level crossing supplier CDL Electric Co. J&A Industries General Manager Mark Biehl and the existing management team will continue to lead the Kansas City-based business. ‘J&A Industries’ patented mast ladder platform is ...
UK: Alstom has announced the appointment of Rob Whyte as Managing Director UK & Ireland with effect from February. He was previously Managing Director in the Nordics. Whyte joined Alstom more than 30 years ago as an apprentice in the company’s Transmission & Distribution business while ...
DENMARK: Goa-based industrial group Kineco has acquired Danish train sanitary system supplier Semvac from Wabtec UK in an all-cash transaction. Kineco’s railway division supplies rolling stock interior and exterior products in India, and the diversified group is also active in the aerospace, defence, renewable energy and ...
