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Announced

Salcef Group to acquire Colmar Technik for €25m.

Synopsis

Salcef Group, a railway infrastructure construction company, agreed to acquire Colmar Technik, a railway equipments manufacturer, for €25m. “We believe that today’s acquisition has a strong strategic rationale for the Group. Not only because it is a further step in our external growth path but also as it is the first one in the railway machines segment, where the Group already operates through its subsidiary SRT. The integration of the newly acquired company will allow us to expand the product range of the Railway Machines business unit, both for internal use and for the third-party market, as well as to leverage the commercial synergies arising from Colmar’s extensive international network with offices in the United Kingdom, United States, Russia, China, and Colombia,” Gilberto Salciccia, Salcef Group Chairman.

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