Vossloh has acquired Rocla Concrete Tie, a manufacturer of concrete ties, switch ties, concrete low vibration track blocks and crossing panels.
Vossloh said that the acquisition strengthens its presence in the USA market and further expands its position as a global rail infrastructure supplier. The $117.2 million deal has been approved by the Supervisory Board of Vossloh AG and is expected to be completed at the beginning of 2017. (…)