Prior to this transaction, Travertec S.R.L. was owned by voestalpine Railway Systems S.A. (75%) and PCM RailOne AG (25%).
VRS’s core activity is the production of railway turnouts, railway crossings, fastening systems, and locking devices. Additionally, VRS manufactures screws for railway sleepers.
Travertec S.R.L. manufactures prestressed reinforced concrete sleepers and its products fall in the category of prefabricated concrete elements for transport infrastructure (road and rail).
Under the provisions of Competition Law no. 21/1996, this transaction must be authorized by the Competition Council, which will assess its compatibility with a normal competitive environment and issue a decision within the deadlines stipulated by law.