posted on 9th Oct 2022 09:02
After receiving all the official approvals, Voith successfully completed the acquisition of IGW Rail on 4 October 2022. IGW Rail, which is based in Brno (Czech Republic), is a globally operating high-tech company that has specialized in customized gear unit and coupling solutions for the rail vehicle industry. Its product range is applied in all types of rail vehicles, from heavy locomotives to light rail, and from trams and subways to high-speed trains.
Voith and the previous owner, the Belgian BMT Group, had signed a corresponding purchase agreement on 6 July 2022. In a subsequent integration phase, Voith will fully integrate IGW Rail within the Turbo Group Division. In this process, the customers and suppliers of both companies will be continuously informed about the individual integration steps and the associated changes.