RR Mergers Announces Sale of Rail Services Company
RR Mergers & Acquisitions, North America's leading specialist in the sale of rail service and rail supplier companies, announces R & R Contracting, one of the largest railroad construction firms in North America has acquired Oberkramer Contracting
January 5, 2013 (Newswire.com) - RR Mergers Announces Sale of Rail Services Company
RR Mergers & Acquisitions, North America's leading specialist in the sale of rail service and rail supplier companies, announces R & R Contracting, one of the largest railroad design and construction firms in North America has acquired Oberkramer Contracting.
RR Mergers & Acquisitions sold Oberkramer Contracting to new ownership in 2005. After steadily increasing revenues, this same ownership engaged RR Mergers to handle the sale of the company. This is the second rail services company, RR Mergers & Acquisitions has sold to R & R Contracting.
From its Illinois and Missouri based operations, Oberkramer Contracting provides consultation on railroad track installation and rail maintenance projects, and railroad maintenance of way equipment and operators to Class I and Shortline Railroads. Jim Howard of Oberkramer Contracting will continue to operate the company and have expanded responsibilities within R & R Contracting.
"This acquisition accelerates our progress in providing railroad construction and maintenance services in more than twenty states" said Bill Reimer, President of R & R Contracting.
For more information, contact Jack Sickles, 314 878-1414 x221, firstname.lastname@example.org
About R & R Contracting
With headquarters in Grand Forks, ND the company is one of the leading full service railroad contracting companies in the United States. Operating satellite locations in Tulsa, OK, Minneapolis, MN, Brookhaven, MS, Chicago, IL. and St. Louis, MO. The company provides complete one stop turnkey railroad services: Planning: Site Investigation and Design with their own in-house rail design and engineering staff. Construction: Earthwork, New Construction Maintenance: Inspection, Rehabilitation, Emergency Work Track Removal and Industrial Switching Services to Class 1, Shortline Railroads, Light Transit, Private Industry and Governmental Projects.
About Oberkramer Contracting
Based out of Greater St. Louis, MO, the company provides railroad track construction and maintenance services for Class I Railroads, Shortline Railroads and Private Industrial rail. For twenty-two consecutive years, the company has been contracted by the largest Class I Railroad in the U.S. to provide railroad maintenance of way equipment and personnel to perform railroad track installation and maintenance services.
About RR Mergers & Acquisitions
RR Mergers & Acquisitions is North America's leading specialist in the sale of rail service and supplier companies. Having sold more rail sector companies than anyone, RR Mergers & Acquisitions maintains a database of more than 1,500 companies that exclusively or primarily provide a service or product to the North American rail industry. RR Mergers & Acquisitions draws upon substantial research, valuation, marketing, industry-specific resources, and expertise while regularly consulting with rail sector companies top management.