Trinity Industries completed the acquisition of Holden America for $80m.

Trinity Industries, a railcar products and services provider, completed the acquisition of Holden America, a manufacturer of market-leading multi-level vehicle securement and protection systems, for $80m. “This acquisition fits well into our strategy to increase exposure to less cyclical and higher margin aftermarket parts, giving us more opportunities to serve our customers and diversify our revenue stream. Furthermore, as we see automobile preference move more toward SUVs and heavier electric vehicles, securement systems will become even more critical, and we look forward to being a market-leading chock provider and continuing to provide the quality and service that Holden’s customers have come to expect," Jean Savage, Trinity President and CEO.