KOLTRAM: On April 23 Vossloh AG announced it was strengthening its Switch Systems business unit by acquiring a 100% stake in KolTram for €21·8m.
KolTram manufactures rail switches and components. Based at Zawadzkie in southwest Poland, its sales in 2008 totalled €20m.
'We are bolstering our core rail infrastructure business in the strategically important market of eastern Europe with a healthy company that even now meets our financial criteria', said Vossloh Chief Executive Werner Andree.
EUROPE: On June 30 Vossloh Group announced its acceptance of a €150m bid for its Vossloh Infrastructure Services business unit from Vinci Group company Eurovia. Acquired as part of the Cogifer Group in 2002, Vossloh Infrastructure Services undertakes track and electrification construction and maintenance. It has a workforce of ...
UK: Independent European fund manager Arjun Infrastructure Partners and University Pension Plan Ontario have announced an investment in Angel Trains, along with the formation of a partnership to pursue further investment opportunities in OECD countries. Angel Trains is the largest rolling stock leasing company in the ...
