On June 27, Austria-based steelmaker voestalpine group announced that it has acquired both the know-how and the fixed assets of the research department of Baas B.V. in the Netherlands, Baas R&D, to enhance its competence in railway systems technology. The new acquisition has been integrated into the turnout technology segment of voestalpine's railway systems division.
Particularly, this transaction affects the group company VAE GmbH, the global market leader in the production of turnouts, whose subsidiary voestalpine Hytronics GmbH, Zeltweg thus expands its portfolio with regard to diagnostic systems for rail transport.
Baas R&D, headquartered in Waddinxveen in the western Netherlands, specializes in the development and production of wheel diagnostic and axle recognition systems based on fibre optics technology.