(CercleFinance.com) – Colas Rail has finalized the acquisition of 100% of the shares of the family group Hasselmann, which specializes in the construction of railways and railway infrastructure.
The three companies of the Hasselmann Group mainly operate on conventional railway lines in the regions of central Germany, located from Hesse to Saxony, and on behalf of Deutsche Bahn.
The group, which employs nearly 300 people, achieved a turnover of 70 million euros in 2021.
‘With this acquisition, Colas Rail is establishing itself on the German market, thus confirming its strategy of external growth targeting countries with a stable economy and high potential for investment in rail infrastructure,’ indicates the group.
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