Unitrac, a division of Wabtec, has been acquired by Nortrak

Unitrac Railroad Materials, an operating division of Wabtec (NYSE: WAB), has been acquired by Nortrak, an operating division of voestalpine Railway Systems (“Nortrak”). EdgePoint served as the exclusive sell-side financial advisor to Unitrac. Terms of the transaction were not disclosed.

With 35 years of experience in the industry, Unitrac has been a long-standing provider of special trackwork products for transit, freight, and industrial markets on the eastern United States.

Operating out of multiple locations, Nortrak is one of the largest providers of trackwork systems and products to freight, transit, and industrial rail operators across the United States. Nortrak is a division of voestalpine Railway Systems, which generates revenue of over EUR 2.0 billion and employs over 7,000 people at 70 production and sales locations on five continents.

EdgePoint is a leading boutique investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.