Facilitating a landmark transaction in the North American rail industry
Cad Railway Industries Ltd. (CadRI), a Canadian company that operates in the rolling stock maintenance, repair and operations (MRO) sector, has been acquired by Sojitz Group.
Founded in 1968 in Lachine, Quebec, CadRI is the largest Pan-Canadian, one-stop repair and remanufacturing platform for all types of rolling stock: passenger cars, locomotives and freight cars. It operates out of its three facilities in Canada and services clients throughout the country and in some parts of the USA.
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 & CFO, CAD RAILWAY INDUSTRIES LTD., CANADA
Oaklins found the best partner to expand the business
Oaklins’ team in Canada advised the seller with its expertise in the rail industry and negotiated the terms of the transaction to maximize the value to the client.
As experts in the rail industry, we were honored to be selected as the exclusive advisors to Cad Railway Industries. We believe that we have facilitated a landmark transaction in the North American rail industry. CadRI, now fully backed by Sojitz, has the potential to become North America’s leading rolling stock repair and remanufacturing service provider. We thank them for trusting us with this mandate, and we wish them all the best in their future endeavours.SÉBASTIEN NADEAU, MANAGING PARTNER, OAKLINS, CANADA
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