TÜV SÜD acquires Swedish company MiW Rail Technology
TÜV SÜD has acquired Sweden-based consulting firm MiW Rail Technology to extend its services to the Scandinavian market.
MiW Rail Technology provides solutions specialising in vehicle dynamics and computer simulation.
TÜV SÜD's Danmark chief executive officer (CEO) Lars Brockhoff said: “By acquiring MiW Rail Technology and the useful addition of cutting-edge vehicle dynamics competence including computer simulation based services and tools, we will be able to provide even more effective and efficient support for our customers in the future.”
MiW Rail Technolgy provides assistance in fields including vehicle approval, procurement of rolling stock, international standardisation, and safety management.
Brockhoff added: “This service will be interesting for all rolling stock suppliers to the European market and in spite of the relative novelty of the standards and regulations, we already have successful reference projects.”
With this acquisition, TÜV SÜD also intends to expand its business in Norway and Finland.
MiW Rail Technology's former CEO Mikael Wrang said: “We are deeply convinced that the upcoming computer simulation will complement or in some fields even replace physical testing needs in the future.”
The company's service portfolio includes inspection, certification, testing, and training across the entire value chain in the rail sector.
Image: TÜV SÜD intends to expand its business in Norway and Finland with the acquisition of MiW Rail Technology. Photo: courtesy of TÜV SÜD.