COWI buys ERTMS consultancy
DENMARK: COWI announced on March 24 that it had acquired Danish railway consultancy Apsilon, which specialises in signalling systems. Founded in 2000, Apsilon has 14 staff at two offices and recorded turnover of DKr18m in 2013.
'With the acquisition of Apsilon - which is among the leading Danish railway consultants with core competencies in signalling systems including ERTMS - COWI will gain an even stronger position in the field of railways where we've already got a strong hold on the Danish and international markets', said Michael Bindseil, COWI Denmark's Senior Vice-President, Railways, Roads & Airports.
Apsilon Managing Director and former main shareholder Andreas Petersen said the consultancy 'has worked determinedly on building competencies in ERTMS, and is preparing design specifications for signal control systems and remote control systems for ERTMS in eastern Denmark, and providing remote control requirement specifications for train management systems and ERTMS throughout Norway'.