Vossloh has successfully completed the acquisition of the rail milling business of STRABAG Rail GmbH which was announced on November 5, 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.
Vossloh is active in rail technology markets worldwide. The Company’s core business is rail infrastructure. The Group activities in the area of rail infrastructure are organized into the three divisions of Core Components, Customized Modules and Life cycle Solutions.
In the 2017 fiscal year, Vossloh achieved sales of about €920 million in its core business, with more than 3,900 employees.