Trinity Industries Acquires Holden America

December 30, 2022

Trinity Industries, Inc. acquired Holden America for an initial purchase price of $70 million plus a minimum of $5 million per year for the next two years. Holden America manufactures multi-level vehicle securement and protection systems, gravity-outlet gates and gate accessories for freight rail; the deal adds a market-leading bi-level chock system to Trinity's autorack product portfolio and expands its higher-margin aftermarket parts exposure. The acquisition closed on December 30, 2022, and Trinity will retain all Holden employees.

Buyers
Trinity Industries, Inc.
Targets
Holden America
Industry
Manufacturing
Location
Quebec, Canada
Transaction Type
Buyout

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