CRRC gets green light to purchase Vossloh Locomotives
Vossloh DE18 locomotive, source: Vossloh
Chinese rolling stock giant CRRC has received a green light for purchasing Vossloh Locomotives, the rolling stock unit of Vossloh Group. The deal approval was issued by German competition regulator Federal Cartel Office. With the acquisition of Vossloh Locomotives, the Chinese company will strengthen its position in the European rail market.
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