Deal Details
Rocla Is Acquired by Vossloh
Summary
Rocla Concrete Tie, Inc. (the “Company” or “Rocla”), a portfolio company of Altus Capital Partners LP (“Altus”), recently completed its acquisition by Vossloh AG (“Vossloh”) (ETR: VOS).
Baird served as the exclusive financial advisor to Rocla Concrete Tie, Inc. on this transaction.
About
Rocla is North America’s leading manufacturer of prestressed concrete railway ties. In addition to concrete ties, the company also produces turnout ties as well as concrete low vibration track blocks and crossing panels for Class I railroads, commuter passenger operations, transit authorities and industrial operations nationwide. Rocla is headquartered in Denver, Colorado.Altus is a leading private equity firm that makes control investments in middle market businesses, with an exclusive focus on the manufacturing sector. Altus utilizes a patient investment approach and seeks to partner with the operating companies’ management teams to achieve growth. Altus is based in Wilton, Connecticut.
Vossloh is a leading global rail infrastructure company and is a market leader in rail fasteners and switch systems. Vossloh achieved sales of around €1.2 billion in 2015 with around 4,900 employees. Vossloh is headquartered in Werdohl, Germany.
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- Date
- January 2017
- Company
- Rocla Concrete Tie, Inc.
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Machinery & Equipment
- Target Geography
- North America
- Acquiror Geography
- Europe
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