Cad Railway Industries Ltd. has acquired Pro-Sphere Inc.
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.
Oaklins' team in Montreal advised the buyer in this transaction.


Talk to the deal team
Related deals
STM Environmental has been acquired by Phenna Group
STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.
Learn moreDen Berk Délice accelerates growth through strategic partnership
Den Berk Délice, a leading Belgian grower of specialty tomatoes, has entered a strategic partnership with Egeria, an independent investment firm, to realize its next growth phase.
Learn moreXiel Limited has been acquired by MIS Healthcare
MIS Healthcare, a leading distributor in medical imaging, has successfully acquired Xiel Limited. This strategic acquisition merges MIS Healthcare’s extensive radiotherapy portfolio with Xiel’s specialized expertise in nuclear medicine, radiotherapy and diagnostic radiology. The merger strengthens both companies’ positions in the rapidly growing fields of oncology and nuclear medicine, promising to deliver exceptional value to the healthcare community in the UK and Ireland.
Learn more