Vossloh completes acquisition of LiDAR specialist Cordel for GBP 29 million

Reuters2026/08/14 08:00

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Vossloh completed its acquisition of LiDAR rail-inspection specialist Cordel, marking the formal close of the deal on Thursday.
Purchase price was about GBP 29 million, equivalent to roughly EUR 33 million.
Transaction expands Vossloh’s digital condition-monitoring and predictive maintenance offering through Cordel’s train-mounted LiDAR and AI analytics.
Cordel serves major rail operators across the UK, the Middle East, North America, and Australia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vossloh AG published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2383184_de) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vossloh completes acquisition of LiDAR specialist Cordel for GBP 29 million

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