SOCIETEX / ICFG France assists COMATIS shareholders with the transfer to Rail Industries Group
|Mergers & Acquisitions
|Rail Industries Group
Rail Industries is strengthening its presence in rail signalling and urban mobility technologies with the acquisition of Comatis (a specialist in traffic light priority systems for urban transport – buses and trams).
Comatis develops and markets advanced radio communication products and solutions, opening up new opportunities in the urban transport, industrial and environmental sectors. The company expects to achieve sales of €4m by 2023. This acquisition broadens Rail Industries’ product range and consolidates its expertise in mission-critical communications systems.
The directors of Rail Industries, Xavier Payet and Vincent Menudier, confirm: “the importance of this acquisition, which will enable the group to offer its customers a complementary technology and expand its target markets”. The Group plans to achieve organic sales of over €45 million within the next four years.
Rail Industries confirms its commitment to innovation and the Group’s continued growth, while strengthening its position as a key player in rail signalling.
|IndustrialsTechnology, Media & Comms