TEX TAKES A MAJORITY SHARE IN LT BAHNTECHNIK
Trans Europa Express Holding AG (TEX) has acquired a majority share in LT BAHNTECHNIK Signal-, Weichen-& Erdungstechnik GmbH as part of a succession arrangement. Headquartered in Dinslaken, LT BAHNTECHNIK GmbH has a staff of 74 and delivers technical services for railway technology and infrastructure. The company focuses on control, safety and earthing technology. LT BAHNTECHNIK GmbH’s founder and owner Mr Tielemann will continue to lead the company in coordination with the TEX group and help it grow.
The TEX Group was founded in 1997. It is a market leader in the railway services segment in southern and eastern Germany and currently employs more than 900 people. Its clients include all the most significant state-owned and private companies involved in the railway transport of passengers and goods, as well as infrastructure operators.
The addition of LT BAHNTECHNIK GmbH solidifies the TEX Group’s position as market leader, helping it to develop its expertise in control and safety technology with consistency.
Sancovia initiated the transaction and provided consulting services to the buyer throughout the entire process.