Alpiq acquires Balfour Beatty Rail
Published: Thu, 2015-03-19 17:00In a bid to strengthen position in the international transport technology and service domain, Alpiq recently announced the acquisition of Italy’s Balfour Beatty Rail.
“The acquisition is in line with Alpiq’s strategy to reinforce its presence in both transport technology and high- and medium-voltage engineering – business areas Alpiq is already active in,” according to the company report.
Balfour Beatty Rail specialises in engineering and contracting in railway and mass transit electrification systems. The Italian company employs approximately 120 people.
Alpiq is a Swiss electricity and energy services provider focusing on European market. The company also offers efficient energy services for transport technology, buildings and plants, as well as power and industrial plants.