# Loram acquires Georgetown Rail Equipment Co.

Loram Maintenance of Way announced a definitive agreement to acquire all outstanding shares in Georgetown Rail Equipment Co. (GREX), a market leader in material handling and track inspection technologies.

- Type: Acquisition
- Announced: 2018-02-06
- Where: United States
- Status: announced
- Products: material handling equipment, track inspection technologies
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Loram Maintenance of Way](https://endata.com/companies/29922.md) (acquirer)
- [Georgetown Rail Equipment Co.](https://endata.com/companies/29923.md) (target)

## Sources

- [railwaygazette.com](https://www.railwaygazette.com/business/2018/02/07/loram-acquires-grex/), 2018-02-07: "The merger with GREX, a market leader in material handling and track inspection technologies, strengthens our core business and enhances our strategic capabilities for serving the global railway infrastructure market."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.