Cad Railway Industries Ltd. has acquired Pro-Sphere Inc.
October 2018 — Cad Railway Industries Ltd. has acquired Pro-Sphere Inc. Financial details have not been disclosed.
Cad Railway Industries, founded in 1968 in Lachine, Quebec, is a manufacturing company servicing the rail, marine, mining and power generation industries. The company offers its main customers in these industries integrated remanufacturing, repair, refurbishment and upgrading services for locomotives, freight cars, passenger diesel engines and components. The firm also manufactures custom replacement parts for rolling-stock.
Pro-Sphere is an engineering company which provides specialized consulting services to the rail transportation industry.
Our role in the transaction
Oaklins' team in Montreal advised the buyer in this transaction.
Talk to the deal team
Related deals
Capvis has sold hessnatur to Wourth Group
Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.
Learn moreNymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreLife & Mobility has attracted investor Bolster Investment Partners
Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.
Learn more