Altus to sell Rocla Concrete Tie to Vossloh for $117M
December 08, 2016
Rail | Lakewood, CO | Acquisition
Altus Capital Partners has agreed to sell Rocla Concrete Tie for $117 million to Vossloh, a rail infrastructure company based in Germany. RCT produces concrete sleepers, low-vibration track blocks and level crossing panels at plants in the US and Mexico. It reported sales of $88.2 million for the year ending June 30.