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Vossloh completed the acquisition of the company Nordic Tamping Service AB (NTS) based in Borlänge, Sweden, on January 9. NTS specializes in track ballast and primarily operates in Sweden and Norway.
Expansion of Service Offerings
With the acquisition of NTS, Vossloh integrates the team as well as all technical equipment of the company into its portfolio. This enables Vossloh to expand its offerings for railway network operators in Scandinavia to include ballast tamping services. This technique is significant for both new construction and maintenance of tracks. Oliver Schuster, CEO of Vossloh AG, commented on the acquisition as follows: “NTS completes our portfolio in Scandinavia. This allows us to offer our customers an even more comprehensive one-stop service than before.”
