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France

Vossloh plans to acquire Sateba

Vossloh France SAS, a subsidiary of the component manufacturer Vossloh, has signed an agreement to acquire the Sateba Group from TowerBrook Capital Partners L.P. Sateba is a manufacturer of concrete sleepers in Europe with 1,120 employees and 19 production sites in ten countries. Vossloh is thus expanding its portfolio in Europe and strengthening its system expertise for rail lines. The transaction, which is expected to be completed in spring 2025, has a purchase price of €450 million.