Vossloh has acquired Nordic Tamping Service AB (NTS), based in Borlänge, Sweden. NTS specializes in tamping ballast beds to stabilize tracks and operates mainly in Sweden and Norway. The purchase was completed on Friday, January 9.
With the acquisition of NTS, Vossloh is taking on an experienced, well-coordinated team and the entire technical equipment. This allows Vossloh to expand its range of services for railway network operators in Scandinavia to include ballast tamping. This service is used in the installation and maintenance of tracks.
“NTS completes our portfolio in Scandinavia,” says Oliver Schuster, CEO of Vossloh AG. “This enables us to offer our customers an even more comprehensive range of services from a single source than before.”
Vossloh currently employs around 530 people in Sweden, Denmark, Norway, and Finland. Activities range from the supply of turnouts, fastening systems and concrete sleepers to services such as track construction and maintenance. NTS will be integrated into Vossloh’s Lifecycle Solutions business unit.