posted on 2nd Oct 2025 16:16
Vossloh has completed its acquisition of the European concrete sleepers manufacturer Sateba. The transaction was finalized on 1 October 2025.
Sateba, headquartered in Paris, is one of the leading manufacturers of concrete sleepers in Europe. With around 1,000 employees and 19 production sites in ten European countries, Sateba has a production capacity of around four million sleepers per year. Vossloh already has extensive experience in the concrete sleepers business in the North American and Australian markets. With the acquisition of Sateba, Vossloh is now also expanding its portfolio in Europe.
“We can now offer our European customers even more comprehensive solutions,” says Oliver Schuster, CEO of Vossloh AG. “Sateba is a technology and innovation leader in our industry and, as a pioneer in the decarbonization of concrete sleepers, is an excellent fit for Vossloh because sustainability is part of our company’s DNA.”
In July 2024, Vossloh concluded an agreement with Sateba’s previous owner, TowerBrook Capital Partners L.P., to acquire 100 % of the company for a purchase price of around 450 million EUR. The authorities in all countries involved approved the purchase. The transaction is being financed primarily through debt, supported by a capital increase last November.
Sateba generated sales of around 350 million EUR in the past fiscal year. Against the backdrop of the completed acquisition, Vossloh is specifying its expectations for sales and EBIT as announced and, based on current business development in the new group structure, now anticipates consolidated sales including Sateba of 1.33 to 1.4 billion EUR for 2025 (previously without Sateba: 1.25 to 1.325 billion EUR) and consolidated EBIT before effects from the purchase price allocation for Sateba (PPA effects) of 116 to 126 million EUR (previously without Sateba: 110 to 120 million EUR).
The specified forecast also takes into account transaction and integration costs in connection with the acquisition of Sateba, negative translation effects due to current exchange rate developments, and slightly negative effects from the introduction of tariffs. The EBIT margin (before PPA effects for Sateba) in the Vossloh Group is still expected to be 9 percent (+/- 0.5 percentage points) in 2025.