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Rail News Home Rail Industry Trends

6/2/2009



Rail News: Rail Industry Trends

Canadian private equity firm acquires Nordco


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OMERS Private Equity has acquired Nordco Inc. from The Riverside Co., which has owned the company since 2003. Terms weren’t disclosed.

Located in Toronto, OMERS is one of Canada’s largest private equity investment firms.  

Nordco’s companies provide new and rebuilt maintenance-of-way equipment; in-house and on-site machinery inspection and repair services; reconditioned machinery rentals; rail-car movers; and ultrasonic testing equipment and services. The companies include Dapco Industries, Nordco Rail Services, Shuttlewagon and J.E.R. Overhaul.