Pittsburgh-based L.B. Foster Company says it is to acquire the railway tuning unit, FWO, of Balfour Beatty Rail.
The German business provides track lubrication and switch roller equipment.
“The FWO ESA Electronic Track Lubricating system and associated specialist knowledge of wheel/rail interaction is an ideal fit with L.B. Foster’s existing solution portfolio, marketing expertise and R&D competencies,” said Peter Jones, managing director of Sheffield-based L.B. Foster Rail Technologies (UK) Ltd.
The FWO business unit currently employs a team based in Bochum, North Rhine – Westphalia, and has established sales in Europe and South America.
“I am delighted that the key employees in this business have decided to join the L.B. Foster team and help strengthen our position in the European market,” added Jones.
