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Voestalpine acquires CDS Rail Ltd

30. May 2008

Voestalpine strengthens its position as world leader in turnout technology with UK acquisition of CDS Rail.

The listed Voestalpine group has concluded a further important acquisition in the turnout technology sector. 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 specialises in the monitoring, gathering and transmission of data from railway trackside assets.

CDS Rail is predominantly active in the UK; based in Hampshire, the company employs over 20 staff and achieves annual revenues of about £4.7 million. The strategic relevance of this acquisition is that the British company represents a valuable complement to VAE’s “Hytronics” product line, which covers all activities of electronic monitoring units and hydraulic setting systems for railtracks. 

"Hytronics“ – a combination of "hydraulics“ and "electronics“ – stands for unique diagnostics and drive systems which improve safety, reduce maintenance and thus optimise life cycle costs.

CDS Rail is a leading company in the area of monitoring systems for the railway trackside. For example, it offers technologies providing railway companies with data transmitted directly from the track via internet, email, or SMS. With information received in real-time, clients can react instantly and proactively to any technical issues.

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