Akiem has acquired German company mgw Service, a company that provides services in the maintenance of electric and diesel locomotives for rail freight and passenger operators.
The transaction covers the entire share capital of mgw Service. Signed on 28 December 2016, the acquisition should come into force following the decision of the European competition authorities, which is expected for the end of the first quarter of 2017.
The company operates mainly in Germany from its own workshop in Krefeld (North Rhine-Westphalia State) and in Sweden (Hallsberg, Orebro County), but also in Switzerland, Italy and Poland.
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