voestalpine Acquires Dutch Company’s Research Department

Published: June 27, 2011; 12:16 · (Vindobona)

The Austrian steel company expands its portfolio in railway systems technology with the acquisition of Baas R&D. The transaction is expected to boost expertise in diagnostic systems for rail transport.

voestalpine Acquires Dutch Company’s Research Department / Picture: © Flickr / Worldsteel

The listed voestalpine Group is continuing to enhance its competence in railway systems technology. Both the know-how and the fixed assets of the research department of Baas B.V. in the Netherlands, Baas R&D, have been acquired in their entirety and will be integrated into the turnout technology segment of voestalpine’s Railway Systems Division.

Specifically, this…

This article includes a total of 238 words.

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