Vossloh completes acquisition Strabag Rail
Vossloh has successfully completed the acquisition of the rail milling business of Strabag Rail, which was announced on 5 November 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.
Rail milling is an important part of rail maintenance. Rail milling machines or trains repair deep rail defects and re-profile the railhead. This reduces noise emission and increases rail safety as well as tracks life.
Today’s portfolio of Vossloh Group consists of several activities in rail maintenance, inter alia, rail monitoring, milling and grinding. Due to increased traffic and higher speeds, the company considers the milling business as an important option for future growth, especially in the development of grinding business.
The company’s core business is rail infrastructure. The group activities in the
area of rail infrastructure are organised into the three divisions ofCore Components, Customized Modules and Lifecycle Solutions. In the 2017 fiscal year, Vossloh achieved sales of about 920 million Euros in its core business, with more than 3,900 employees.