TITLE

EWS acquires Probotec assets

PUB. DATE
June 2005
SOURCE
Logistics & Transport Focus;Jun2005, Vol. 7 Issue 5, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the acquisition of Probotec Ltd. by rail operator EWS in Europe in 2005. Probotec is a developer and producer of advanced rail freight wagon suspension systems in the region. It was placed into administration during early April. The acquisition will enable the Commercial Maintenance Services division of EWS to extend its range of services, by offering total life asset solutions to the rail freight wagon market from initial manufacturing through ongoing field maintenance support and spares supply. EWS has acquired the key freight wagon bogie product range of the Axle Motion III, TF25 and LTF13, which are approved to run in Great Britain and several European countries. EWS has been in contact with Probotec customers and will take steps to expedite the early delivery of outstanding bogie production by subcontractors. Paul Mckeown, general manager of commercial maintenance services at EWS, will liaise with customers during the transition period from Probotec to EWS. In its last full year of trading, turnover at Probotec was £22 million and the company employed some 40 staff. The company has over 140 years of history originating from the Powell Duffryn Co. in 1863.
ACCESSION #
17204554

 

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