Austrak: Vossloh acquires Laing O'Rouke's Austrak

Earlier this month, global rail infrastructure specialist Vossloh has bought Australian sleeper manufacturer Austrak from Laing O'Rourke for roughly $50 million. Founded in 1980, Austrak has been a fully-owned subsidiary of Laing O'Rourke since 2006. The manufacturer has produced more than 22 million sleepers for the Australian market, with clients including BHP, Rio Tinto and ... Continue reading Vossloh acquires Laing O'Rouke's Austrak →The post Vossloh acquires Laing O'Rouke's Austrak appeared first on Manufacturers' Monthly.