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
Varsteel, Ltd. has acquired Pacific Steel, Inc.
Pacific Steel, Inc. has been acquired by Varsteel, Ltd.
Learn moreCooksey Iron & Metal Company has been acquired by Reliance Steel & Aluminum Co
The shareholders of Cooksey Iron & Metal Company have sold the company to Reliance Steel & Aluminum Co.
Learn moreCad Railway Industries Inc. has received strategic advisory
The shareholders of Cad Railway Industries Inc. (CadRI) have renegotiated a distribution agreement with PowerRail.
Learn more