VR Mergers & Acquisitions - St. Louis is pleased to announce the sale of Central Illinois Railroad Holdings to strategic railroad buyer, R & R Contracting. The sale included substantially all of the assets of Central Illinois Railroad Company, Central Railink Services and Central Railgroup Construction Services.

Since 1983, the essential business unit, Central Railgroup Construction Services, has been a leading provider of engineering and track construction, maintenance and repair services to railroad and private industry customers throughout the upper Midwest. Central Railgroup will continue its operation from its greater Chicago headquarters.

"This is the third acquisition of a railroad track construction company by R & R Contracting in the past three years," said Robert Fowler, president of VR Mergers & Acquisitions - St. Louis. "With each of those acquisitions, R & R rapidly grew revenues and expanded operations. We expect they will do the same with Central Railgroup Construction."

Headquartered in North Dakota, R & R Contracting provides railroad design, construction, repair and maintenance services throughout the northeast, central and southern United States. The company operates offices in Colorado, Louisiana, Minnesota, Mississippi, Oklahoma, Texas and now Illinois.