Colas Rail enters German market with strategic acquisition

DB ICE passes freight train on Hannover - Hamburg line (Photo: Deutsche Bahn/Volker Emersleben)

GERMANY: Colas Rail has signed a share purchase agreement to acquire rail infrastructure contractor Hasselmann Group. Colas said this would give it a foothold in the German market as part of its strategy to target countries with stable economies and high potential for investment in rail infrastructure.

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