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Cad Railway Industries Ltd. has been acquired by Sojitz

March 2020 — 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.

Our role in the transaction

Oaklins’ team in Canada acted as advisor to the seller in this transaction.

Parties
“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.”

Lucie Dastous

Executive VP and CFO, CAD Railway Industries Ltd.

Talk to the deal team

Sebastien Nadeau

Managing Partner
Montreal, Canada
Oaklins Canada

Fausto Levy

Principal
Montreal, Canada
Oaklins Canada

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