Vossloh AG (DB:VOS) signed an agreement to acquire Rocla Concrete Tie, Inc. from Altus Capital Partners II, L.P. managed by Altus Capital Partners on December 5, 2016. Under the terms of the agreement, the purchase price to be determined for the debt-free company as at the day of completion is expected to be approximately $117.2 million. Rocla Concrete Tie will in future be run as a business unit “Vossloh Tie Technology“ within the Core Components division and will be the division’s second business unit alongside Vossloh Fastening Systems. For the period ended June 30, 2016, Rocla Concrete generated sales of $88.2 million. The deal is subject to merger control clearances. The supervisory Board of Directors of Vossloh approved the transaction. The transaction is expected to be completed at the beginning of 2017. As of December 16, 2016, early termination notice has been granted by Federal Trade Commission. Jerry Dentinger and Steven McCullough of BDO Consulting acted as financial advisor to Vossloh. Robert W. Baird & Co. Incorporated acted as financial advisor to Rocla Concrete Tie, Inc. Vossloh AG (DB:VOS) completed the acquisition of Rocla Concrete Tie, Inc. from Altus Capital Partners II, L.P. managed by Altus Capital Partners on January 4, 2017.