Swiss company Alpiq has aquired Balfour Beatty Rail S.p.A., the Italian engineering and contracting expert in railway and mass transit electrification systems, which specialises in design, procurement, installation and commissioning of turnkey and renewals railway projects.
With this acquisition, Alpiq expands its transport technology business geographically and gains strong and comprehensive know-how in the sectors of railway and mass transit electrification as well as first-class technology and resources. Balfour Beatty Rail S.p.A. has approximately 120 employees and is part of Balfour Beatty plc, the UK’s leading international infrastructure group listed on the London Stock Exchange.
The company specialises in the design, procurement, installation and commissioning of turnkey systems for railway electrification used for traditional and high-speed railways, mass transit and light rail systems, as well as in renewals and maintenance of existing lines, at national and international level. In recent years, Balfour Beatty Rail has been one of the key technological partners involved in the construction of the Italian high-speed rail network. The parties have agreed not to disclose the purchase price.