Investor’s solid returns, track record prompt Rocla Tie sale to German rail specialist
- Published: Friday, 06 January 2017 10:04
- Written by Concrete News
Sources: Vossloh AG, Werdohl, Germany; Altus Capital Partners, Wilton, Conn.; CP staff
Less than a month after finalizing an agreement with Altus Capital Partners, Vossloh Group has closed on Denver-based Rocla Concrete Tie Inc., the leading producer of prestressed concrete railroad and turnout ties for Class I, commuter passenger, transit, and industrial lines.