Pemaquip business acquired by Arkle Partners

25. November 2010

Arkle Partners have purchased the Permaquip Rail Maintenance Equipment business from US conglomerate Harsco. The business fits with Arkle Partners strategy of buying businesses with strong brand recognition with the capability to expand in emerging markets. Mark Sargent of Arkle Partners said "We have exciting plans for Permaquip and see it as a major asset for growth within our portfolio of businesses"