24/01/2024 - 14:06

Europorte, through its subsidiary Socorail, announces the acquisition of a stake in T.S.Rail (Track Solution Rail), a company specialising in railway maintenance, works and engineering studies.

24/01/2024 - 14:06
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Europorte, a major player in rail freight and rail infrastructure management in France, has announced the signature of an agreement to acquire, through its subsidiary Socorail, a 20% stake in T.S.Rail, a company specialising in maintenance, works and engineering studies for railway installations and tracks.

Through this acquisition, Europorte is broadening the potential of its offering and activities, opening the way to new projects to serve its current and future customers.

T.S.Rail (Track Solution Rail) is a holding company comprising 5 subsidiaries (Somarail Nord, Somarail Sud, Somarail Est, Somarail Réseau and INGEFER), with a total workforce of almost 140 and sales of €25 million in 2022. Headquartered in Grande-Synthe (France), the company offers a wide range of technical and intellectual services on the national rail network, branch line terminal installations and local and port railways.

The company will be chaired by Pierre Dezoomer in his capacity as majority shareholder and Chairman of the subsidiaries.

The deal offers the two companies new opportunities for collaboration, as well as complementary geographic coverage in a market undergoing major transformation.

 

Raphaël Doutrebente, Chairman of Europorte:

"From maintenance and engineering to rail works, we attach great importance to supporting our customers at every stage in the life of their rail infrastructure. We are delighted to be working with T.S.Rail, which has a wide range of skills and geographical coverage that will complement our existing offering."  

 

Pierre Dezoomer, Chairman of T.S.Rail (Track Solution Rail):

"From the outset, we felt that this partnership made a great deal of sense and was highly relevant in a rapidly evolving market. We share a desire to continue to satisfy our customers, to grow through innovation and to help the men and women who make up our companies to progress. There's a saying that sums up our project: "Alone we go fast, together we go far", and it's in a spirit of co-development that we've embarked on this adventure."

 

 

                                                                           

About Europorte 

Europorte, Getlink's rail freight subsidiary, is the first 100% private rail freight operator. Europorte works every day to establish a unique culture and an innovative global offer based on four fundamental values: safety, quality of service, punctuality and digitalisation. Europorte operates across the entire rail freight logistics chain in Europe and offers its customers a 24/7 rail traction service for mainline goods trains in France and abroad via Europorte France, as well as infrastructure management via Socorail under the Europorte Services brand.

www.europorte.com

 

About T.S.Rail (Track Solution Rail) 

Track Solution Rail, an 80%-owned subsidiary of Track Solution Group, is the rail branch of the family-owned group, which was set up in 2020. With nearly 140 employees and sales of €25m in 2022, we have a presence throughout France, with the aim of offering local service and responsiveness to the customers who place their trust in us. From maintenance and new work on private track to work on the RFN, rail engineering and special track, we have a wide range of skills to cover all our customers' needs.

www.tracksolutiongroup.eu