- Nov. 21, 2021
-- ST. LOUIS – RR Mergers & Acquisitions, advisor to rail service, supplier companies and Short Line railroads, is pleased to announce the sale of its client, Platinum Track Services to GCF Railway Works.
Platinum Track Services is a Canadian based railroad construction and maintenance services company, specializing in railroad mainline tie replacement and rail relay programs. Platinum Track Services is located in York, Ontario, a suburb of Toronto.
GCF – Generale Costruzioni Ferroviarie, S.p. A. operates in the railway infrastructures, infrastructures, electrician and signaling sector. In over 60 years of operations and experiences, it has consolidated its role on the Italian railway market and strengthened its presence on a European and international scale.
"Through Platinum Track Services, GCF will expand its services to Canada and throughout North America. Edorardo Rossi, President of GCF stated "We are extremely happy to welcome Platinum Track Services management, Matt Spoleti, Mike Sousa and team to GCF.
RR Mergers & Acquisitions, Vice President, Jack Sickles successfully closed the deal. President Robert Fowler established the initial relationship with Platinum Track Serviceshttps://www.rrmergers.com/