CAF takes over Italian wheelset and railcar maintenance firm

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A stock photo of a CAF tram. Credit: CAF.
A stock photo of a CAF tram. Credit: CAF.

CAF’s wheel, axle, gearbox and couplers manufacturing division has completed the takeover of RIFER, an Italian wheelset and railcar maintenance firm.

CAF said that the acquisition will allow the division – known as CAF MiiRA – to improve its presence in the Italian and Central European markets.

A statement on CAF’s website reads: “The strategic plan defined by CAF MiiRA for the next few years is in line with the one set by the CAF Group, with growth and diversification as its pivotal points.

“This takeover therefore represents a step towards the achievement of both objectives, by strengthening MiiRA’s position in the wheelset maintenance service business while offering the possibility of providing other related services and increasing the spares turnover, wheels in particular.”


Read more: Spanish rolling stock manufacturer CAF to open train production plant in Wales


 

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