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Vossloh Secures Court Sanction for Cordel Group Acquisition

MT Newswires·08/11/2026 23:47:06
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11:47 PM EDT, 08/11/2026 (MT Newswires) -- Vossloh's (VOS.F) acquisition of British rail infrastructure technology company Cordel Group (CRDL.L) received court sanction, according to a Tuesday filing. The German rail technology company, through its Vossloh Digital Solutions subsidiary, is purchasing Cordel through a scheme of arrangement. The transaction is expected to take effect on Thursday, upon delivery of the court order to the Registrar of Companies. Cordel's trading on the London bourse's AIM will be cancelled on Friday.