Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home M&A

1/4/2006



Rail News: M&A

Portec Rail's U.K.-based subsidiary acquires conveyor firm's assets


advertisement


Portec Rail Products Inc. subsidiary Portec Rail Products (UK) Ltd. recently acquired a portion of Kaybe (Conveyors) Ltd.’s assets for $115,000. Portec Rail plans to integrate the assets — which include inventory and equipment, and Kaybe’s brand name and customer list — into the United Kingdom-based subsidiary’s material-handling equipment business in Leicester, England.

“The Kaybe assets will help bolster our overall material handling product line offerings,” said Gary Bale, managing director of Portec Rail Products (UK), in a prepared statement.

Portec Rail supplies rail joints, anchors and spikes; railway friction management products; wayside data collection and data management systems; and load securement systems.


Contact Progressive Railroading editorial staff.

More News from 1/4/2006