Advanced Rail Management Corp., a firm specializing in wheel/rail interaction in the freight, passenger rail and transit markets, has been acquired by Global Rail Trust, a consulting services firm. The acquisition deal was finalized in Vancouver, British Columbia, June 20, and announced on the first day of the 27th Annual Wheel Rail Interaction (WRI) Conference.
Founded in 1990, ARM has worked with passenger and freight systems in the U.S. and Canada to provided rail and wheel maintenance and optimization. GRT provides specialized knowledge and works with original equipment manufacturers, suppliers, construction companies and infrastructure operators to secure and provide relevant expertise for future generations.
“This acquisition pairs the cutting-edge capabilities of two competent partners for the benefit of infrastructure managers and rail operators in Europe, North America and beyond,” said Harald Eller, CEO of Global Rail Trust. “We are delighted to add ARM’s knowledge, footprint and North American network to our European expertise. Together, our growing team will fuel rail infrastructure innovation to help strengthen safety, efficiency and capacity for customers.”
CEO of ARM Gordon Bachinsky noted the team’s excited to become part of a global group.
“For over 30 years, we’ve been leading efforts to assess wheel and rail conditions, design plans to optimize wheel-rail interaction and oversee programs to correct and maintain wheel and rail surface conditions on the major rail transit systems in the U.S. and Canada. Our joining the GRT group means that we will be able to expand our solutions to other markets, and in turn facilitate the entry of GRT’s expertise into the North American market,” said Bachinsky.
GRT explains it will place a strong emphasis on growing the North America team and operations as the trust aims to become the Americas’ go-to expert in wheel-rail and superstructure maintenance and a key partner to railway and transit systems.
