The Cavotec Group has announced the acquisition of USbased Gantrex Corporation, a leading manufacturer and supplier of crane rail fastening systems, with headquarters in Pittsburgh, USA, and production facilities near Toronto, Canada.
The Gantrex organisation established 25 years ago, includes 10 sales offices in North America and seven in Latin America and has been a subsidiary of Railworks Corporation for over three years. Through this acquisition the Cavotec Group aims to expand its presence both in North and South America, and will add a new core product to its range....
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Approx 185 words from WorldCargo News, November 2002,
page 2.