Rail vehicle maker with 5600 employees
The Executive Board of Vossloh declared recently that the company has taken note of the announcement by KB Holding GmbH to submit a voluntary, public takeover bid for the entire capital stock of Vossloh AG.
Vossloh board emphasized that they are pleased to have KB Holding GmbH as a long-term oriented investor. The Board will examine the bid immediately after its publication and then issue a reasoned statement on the subject.
Vossloh operates worldwide in the markets for rail technology. In doing so, the Group concentrates on its core businesses of rail infrastructure as well as rail vehicles and trolleybuses.
Under the umbrella of Vossloh AG, the activities are organized into the two divisions, Rail Infrastructure and Transportation. In the 2013 fiscal year, Vossloh, with a workforce of approximately 5,600 employees, generated sales of €1.3 billion and a result before interest and taxes (EBIT) of €54.2 million.
Source: Vossloh GMbH
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