25/06/2026
We're delighted to have helped Cordel Group with its £29m recommended all-cash acquisition by Vossloh AG.
Cordel offers a patented cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, while Vossloh operates in rail fastening systems, switch systems, concrete ties, turnouts and rail infrastructure maintenance services.
The acquisition will be implemented through a court-sanctioned scheme of arrangement under Part 26 of the Companies Act. Vossloh will acquire Cordel via its wholly-owned subsidiary Vossloh Digital Solutions GmbH, bringing several operational and strategic highlights:
- Strategic rationale: Vossloh AG gains access to advanced AI-driven hardware and software for capturing and analyzing railway datasets, expanding their footprint in digital rail solutions.
- Acquisition timeline: The transaction is expected to close in the third quarter of 2026, subject to necessary shareholder approvals and regulatory clearances.
- Shareholder tnformation: The formal scheme document, outlining the exact voting process and timetable, was posted to shareholders last week.
Our thanks to our wonderful clients at Strand Hanson and Bird&Bird.
If you'd like to find out how we can help ensure the success of your critical M&A projects, chat with us today: hello@blackandcallow.com
