voestalpine Expands its Globally Leading Position in Turnout Technology with Acquisition in Great Britain
Following the recent market entry in Mexico, the listed voestalpine Group has concluded a further important acquisition in the turnout technology segment. VAE, the global market leader in turnouts and turnout systems, has acquired a 60% stake in the British company Control & Display Systems Ltd. (CDS Rail), which is specialized in the monitoring and the gathering and transmission of data from railway trackside assets. (2.5.2008)