EUROPE: Welding and track maintenance company Goldschmidt Thermit Group has acquired Swedish road-rail vehicle manufacturer SRS Sjölanders AB.
SRS Sjölanders’ product range includes inspection and maintenance vehicles, cranes and flash butt welding machines.
‘The whole of the Goldschmidt Thermit Group will benefit from the special expertise of SRS Sjölanders in the development and production of road-rail vehicles, in particular road-rail grinding machines, but also in our core area of rail welding’, said Goldschmidt Thermit Group CEO Hans-Jürgen Mundinger on August 9. ‘The acquisition represents an important strategic addition to our product range for the maintenance of rail systems worldwide.’
SRS Sjölanders Managing Director Peter Sundström said ‘together with the Goldschmidt Thermit Group we can expand our global customer base and open up new markets for our products and services.’