sur Vossloh AG (ETR:VOS)
Vossloh Plans Acquisition to Enhance Digital Capabilities
Vossloh AG has announced its intention to acquire Cordel Group PLC, a British lidar specialist, to bolster its digital rail solutions. Cordel offers digital asset monitoring technologies which use advanced hardware and software for rail industry applications. Their lidar-based imaging technology automates railway line inspections and is utilized in regions including the UK, North America, and Australia.
This strategic move aligns with Vossloh's priorities in digital rail solutions. The integration of Cordel's technology with Vossloh's existing laser inspection methods aims to develop automated track inspection systems. A joint pilot project in Europe has demonstrated promising potential for this collaboration.
The acquisition, valued at approximately £29 million, is expected to close in Q3 2026, pending necessary approvals. The offer will be executed via a court-sanctioned scheme under English law.
R. P.
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