Vossloh expands its digital offering with Cordel
posted on 15th Aug 2026 10:12
Vossloh has completed the acquisition of LiDAR specialist Cordel, further expanding the company’s digital capabilities. Following court approval, the transaction became effective on 13 August 2026. Cordel shareholders had previously approved the scheme.
Cordel uses LiDAR technology (Light Detection and Ranging) to inspect railway tracks. Laser measurement equipment installed on trains is used to create three-dimensional scans of the surrounding environment. This makes it possible to identify issues such as uneven ballast beds as well as potential obstructions caused by branches or low-hanging overhead lines at an early stage. The data collected is analyzed using artificial intelligence. Cordel’s customers include major rail operators in the United Kingdom, Middle East, North America and Australia.
Vossloh is currently advancing the expansion of its digital offerings. Earlier this year, the company issued a 250 million EUR hybrid bond. The proceeds are intended primarily to strengthen the company’s digital capabilities. Vossloh paid approximately 29 million GBP for the acquisition of Cordel, equivalent to around 33 million EUR.
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