struckton

UK-based infrastructure group Balfour Beatty has reached an agreement to sell its Scandinavian Rail business including all current operations in Sweden and Denmark to Strukton Rail for a cash consideration of about £4m.

With this acquisition, Strukton Rail has strengthened its geographical presence within the railway industry in Sweden and Denmark.

Currently, Strukton Rail is executing major projects in Scandinavia for the Citybanan in Stockholm and the S-Bane in Copenhagen. Strukton is also responsible for the maintenance of various railway lines in Sweden.

Balfour Beatty Rail Scandinavia is involved in the installation of the ETCS infrastructure across the Fjernbane West and East lines in Denmark.

"We have found a good home for the business, its customers and employees."

Strukton Rail Scandinavia managing director Robert Röder said: "Strukton Rail and Balfour Beatty Rail Scandinavia have been active in the same Scandinavian market for a long time. We share knowledge and expertise, but we also complement each other within some technique areas. Under a common flag we will be able to offer our customers a strong and broad range of services and products, with the aim to be one of the foremost suppliers in the rail sector in Sweden and Denmark."

Balfour Beatty CEO Andrew McNaughton said: "I am very pleased that we have continued to execute on our stated strategy of disposing of our mainland European rail businesses.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

"We have found a good home for the business, its customers and employees, and we continue to explore similar options for our remaining mainland European businesses."

In 2011, both the companies have partnered to maintain the Stambanan in Norrland (North of Sweden).

The transaction, which has been permitted by Swedish Competition Authority, is expected to close in January 2014.


Image: Balfour Beatty sells Scandinavian rail business to Strukton Rail. Photo: courtesy of Strukton Rail/Ryno Quantz.

Railway Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Railway Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now