Supplier area | Reserved area | Careers | Contact us 10 May 2021 The Salcef Group has invested €8.5 million to acquire 100% of the Bahnbau Nord Group and strengthen its presence on the German rail market. The acquisition of Verwaltung und Beteiligung Nord GmbH, the main company of a German rail industry group, will be completed by May. This industrial group includes Bahnbau Nord GmbH, a railway construction and maintenance company based in Henstedt-Ulzburg. Together other group companies, Bahnbau Nord is one of the best-known businesses in northern Germany. The Group, which employs around 100 employees, recorded average consolidated sales of around € 17 million in 2018-2020. The net financial position was approximately €2.7 million as of 31/12/2020. This acquisition confirms Salcef’s successful growth strategy on foreign markets. In 2020, through its subsidiary Salcef Bau, the Salcef Group recorded revenues in Germany of € 24.3 million for track works and infrastructure projects largely commissioned by the rail network operator Deutsche Bahn. As a result of Bahnbau Nord’s complementary activities, important synergies can be developed with Salcef Bau. The Salcef Group intends to strengthen its presence on a railway market characterized by impressive development projects, supported by the German government’s approval of over €86 billion in railway sector investments over the next 10 years. Valeriano Salciccia, Salcef Group CEO states: “We are delighted to announce further growth in Europe’s largest rail market. The two founders, Mr. Wagner and Mr. Siepke, have also shown their belief in this venture by retaining top management roles in the acquired group and becoming part of the Salcef Group shareholders“. Previous Post Next Post Salcef Group S.p.A. Via di Pietralata, 140 00158 Rome – Italy Phone: +39 06 416281 Mail: info@salcef.com Supplier area Reserved area Careers The Group Profile Organization Resources Sustainability Certifications Investor Relations Governance Solutions Track Works Energy, Signalling & Telecom Heavy Civil Works Railway Machines Railway Materials Engineering & Design Projects News & Media News Publications Video Gallery In the Press Magazine Company Profile Contact us © Copyright 2020 Salcef Group S.p.A. | All rights reserved Business Register no 08061650589 | REA: RM - 640930 TAX CODE 08061650589 | VAT 01951301009 Cookie Policy Privacy Policy Developed by Bitnet Notice We and selected third parties use cookies or similar technologies for technical purposes and, with your consent, for other purposes. You can consent to the use of such technologies by closing this notice, by scrolling this page, by interacting with any link or button outside of this notice or by continuing to browse otherwise. Learn more and customize Accept ×