01/03/2019
Vossloh has completed the acquisition of the rail milling business of STRABAG Rail GmbH
- Required closing conditions fulfilled
- Acquisition strengthens milling business in Lifecycle Solutions division
Vossloh has successfully completed the acquisition of the rail milling business of STRABAG Rail GmbH which was announced on November 5, 2018. The acquired unit, comprising four milling machines and 30 employees, will be integrated in the Berlin-based subsidiary Alpha Rail Team in the Lifecycle Solutions division and expands the already existing Vossloh milling business significantly.
Werdohl, January 3, 2019
Contact information for media:
Dr. Thomas Triska
Phone: +49 (0) 2392 52-608
Email:
presse@vossloh.com
Contact information for investors:
Dr. Daniel Gavranovic
Phone: +49 (0) 2392 52-609
Email:
investor.relations@vossloh.com
Vossloh is active in rail technology markets worldwide. The Company’s core business is rail infrastructure. The Group activities in the area of rail infrastructure are organized into the three divisions of Core Components, Customized Modules and Lifecycle Solutions. In the 2017 fiscal year, Vossloh achieved sales of about €920 million in its core business, with more than 3,900 employees.