MachineryCompany
Progress Rail M&A Summary
Progress Rail has acquired 7 companies of its own. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.
Progress Rail’s largest acquisition to date was in 2010, when it acquired Electro-Motive Diesel for $820M. Progress Rail has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include manufacturing (50%) and building materials (17%).
Progress Rail Ownership
Who owns Progress Rail?
Progress Rail is owned by Caterpillar. It was acquired on June 19, 2006.
Was Progress Rail formerly PE-backed?
Yes. Progress Rail was formerly owned by 1 private investor.
Progress Rail Business Overview
Where is Progress Rail headquartered?
Progress Rail is headquartered in Albertville, Alabama.
How many employees does Progress Rail have?
Progress Rail has 8,000 employees.
What sector is Progress Rail in?
Progress Rail is a machinery company.
When was Progress Rail founded?
Progress Rail was founded in 1982.
M&A Summary
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M&A Total Activity9
- M&A Buy Activity6
- M&A Sell Activity3
- Total Sectors Invested 4
- Total Countries Invested 3
- M&A Buy/Sell Connections 7
- M&A Advisors 1
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