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Rail News: M&A

Holland acquires E. O. Paton International

Holland Co. L.P. recently acquired Canadian firm E. O. Paton International Holdings.

The acquisition will enable Holland to "better serve the electric flash-butt welding arena for both fixed plants and mobile operations," according to a prepared statement.

E. O. Paton owner and President Dennis Shears has joined Holland, where he will assist with global rail industry marketing and sales efforts.

Contact Progressive Railroading editorial staff.

More News from 7/22/2004