Clearwater advises Scandinavian Track Group on its sale to Vossloh

Synergies in Swedish and Scandinavian global rail technology

We have advised the owners and founders of Scandinavian Track Group (STG), a Sweden-based railway service expert, to Vossloh, a global rail technology company.

STG is a leading service partner for all areas of the rail infrastructure in Scandinavia, offering extensive technical know-how in welding, installation, maintenance, and inspections. STG is also an expert in the refurbishment of used turnouts and other track components, bringing circularity and significant CO₂ savings to the railway market.

Vossloh is a global rail technology company, with over 4,000 employees and customers in more than 100 countries, and a long-standing business partner to STG. The group provides an integrated offering for rail transportation to public and private railway companies, network operators, and municipalities. This includes a broad range of products and services, such as rail fastening systems, concrete railroad ties, turnout systems, signalling systems and track supply as well as rail maintenance services.

Building on an already strong relationship, the acquisition of STG fits seamlessly into Vossloh’s one-stop-shop strategy, strengthening its position in the Swedish rail maintenance market and expanding its portfolio in the circular economy area.

STG fits perfectly with our portfolio, offers many synergies, and strengthens our position in the innovative Swedish and, in the long term, Scandinavian market. The acquisition follows our one-stop-shop approach, according to which we offer our customers tailor-made solutions across all divisions. In this way, we can fully utilise our strengths, further differentiate ourselves from the competition, and offer our customers decisive added value from a single source. We are particularly pleased to welcome STG, a long-standing business partner, as a new member of the Vossloh family.

Oliver Schuster, CEO, Vossloh AG

The fact that we are now becoming part of Vossloh, a close partner to us here in Scandinavia, creates great opportunities for our continued development. We gain entirely new opportunities to develop our services and offer even better solutions to our current and future customers.

Glenn Gustavsson, CEO, Scandinavian Track Group

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