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Progress Rail, a Caterpillar company, has acquired ECM S.p.A., an Italian signalling and control systems provider based in Pistoia. The transaction closed on January 2, 2018. ECM will join Progress Rail's signal division.
“We have decided to put ECM in the hands of an international leader in rail and transit products and services to ensure the company, which we have created and developed over more than 50 years, has the opportunity to develop further in international markets and prosper long term.”railwaypro.com
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