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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.