Stadler Rail takes over Vossloh EspañaStadler Rail AG is set to take over the Spanish locomotive business from Vossloh in Valencia. The takeover, which was announced in November last year, went into effect on New Year’s Eve. The new owner personally welcomed the employees in Valencia to the Stadler family and introduced himself and his company to the local authorities and journalists. As he explained, this takeover will allow Stadler Rail to expand into new markets and new market segments, and will also contribute to consolidation on the market.
Valencia, 7 January 2016 – Stadler Rail has been building trains for over 75 years. The system provider of rail vehicle construction solutions is headquartered in Bussnang, a small village with a population of 438 residents in Eastern Switzerland, near the borders to Austria and Germany. The Stadler Rail Group has locations in Switzerland, Germany, Poland, Hungary, the Czech Republic, Italy, Austria, the Netherlands, Belarus, Algeria, the United States, and most recently, since 1 January, in Spain. The takeover of the plant in Valencia has increased the number of Stadler employees to nearly 7000. In 2014, the Stadler Rail Group’s turnover totalled nearly CHF 2 billion. Due to the strong position of the Swiss franc compared to the euro, turnover for 2015 is expected to remain at a similar level. In 2013, the company’s turnover was CHF 2.4 billion.
Stadler started with 18 employees
Peter Spuhler is the owner and CEO of the Stadler Rail Group. Spuhler, a Swiss national who was born in Seville, took over the company in 1989 at the age of 30. At that time, Stadler Rail only had 18 employees, and no one in Europe was interested in investing in the railway vehicle sector. Yesterday he personally greeted the 900 new employees in Valencia and welcomed them all to the Stadler family. “I am proud to be able to integrate such a strong team into Stadler’s current workforce. I am certain that this will reinforce our position as we move forward and allow us to face the challenges of the future together.” Spuhler is thoroughly convinced that with this move, Stadler Rail is incorporating a company that has a product portfolio that perfectly matches Stadler’s, and which will also allow Stadler to expand into new markets. “With Valencia, we can now enter into the locomotives market segment and strengthen our position on the Iberian Peninsula, in Southern Africa and in South and Central America.”
In terms of trams, the takeover will also result in a certain level of consolidation on the market – which Spuhler sees as an answer to the wave of consolidation that the Chinese initiated through the enormous merger of CNR and CSR to form CRRC.
Íñigo Parra joins the Group Executive Board
Peter Spuhler also announced yesterday that a further division will be added to the five divisions of the Stadler Rail Group (Switzerland, Germany, Central Europe, Components and Service). The new Division Spain will be headed up by Íñigo Parra, CEO of the Valencia plant. Parra is now also a member of Stadler’s Group Executive Board. German will remain the corporate language.
Trains for one of the longest rail tunnels in the world
The best-known vehicle series from Stadler Rail Group are the articulated multiple-unit train GTW (600 trains sold), the Regio-Shuttle RS1 (497 trains sold), the FLIRT (1128 trains sold), the double-decker multiple-unit train KISS (216 trains sold) and the high-speed train EC250 (29 trains sold) in the railway segment, and the Variobahn (407 vehicles sold) and the Tango (159 vehicles sold) in the tram segment. After the opening of the Gotthard Tunnel in the spring of this year, the EC250 will travel through one of the longest rail tunnels in the world and connect Frankfurt and Milan. The Metro is another addition for the commuter rail market (13 + 24 vehicles sold). Furthermore, Stadler Rail manufactures metre-gauge trains, passenger carriages and locomotives and is the world’s leading manufacturer of rack-and-pinion rail vehicles.
Additionally, Stadler Rail Service maintains 15 vehicle fleets made up of over 300 vehicles that cover a combined annual distance of 60 million kilometres. With the addition of the Valencia plant and its product portfolio, Stadler Rail now covers every market segment in the area of rail vehicle construction except for freight wagons and ultra-high-speed trains (>250 km/h).