The transaction, which is due to be finalized in spring 2025 following regulatory approvals, and, in particular, the consultation with employee representative bodies in France, will involve the sale of Sateba by the Private Equity fund Towerbrook Capital Partners to Vossloh  France SAS, a subsidiary of Vossloh AG, for an amount of €450 million.

Sateba (1,120 employees), which has been present in its market for around 100 years, is proud to bring its expertise in France and Europe to Vossloh.

For Sateba, following the recent acquisitions of Vapérail in France and the rail activities of the De Bonte group in France and Belgium, this transaction will confirm its development in Europe and worldwide, serving all the major rail operators.

” We are delighted to join a group as prestigious and solid as Vossloh. This is a very exciting moment for our team as this transaction will enable us to pursue the Group’s development and provide high-quality, innovative products and services to our major customers. I would especially like to thank Towerbrook Capital Partners for actively supporting us since 2021.” emphasizes Benoit Cattin-Martel, CEO of Sateba.

Jean Rollier and Edouard Peugeot, Managing Directors at TowerBrook, added: “We are proud to have supported Sateba and its management team led by Benoit Cattin-Martel, from its carve out of the Consolis Group to the creation of a major operator within the European railway infrastructure industry.

Under the ownership of TowerBrook, Sateba has achieved significant growth notably through the acquisitions of VapéRail and of the rail activities of De Bonte Group, and developed an ambitious low carbon product strategy which will further reinforce Sateba’s position going forward. There is an excellent business and strategic fit between Sateba and Vossloh and we are therefore enthusiastic to see the two companies join forces with this transaction. We look forward to witnessing the continued development of the company under its new ownership.”

Press contacts :
Andreas Friedemann
Tel : +49 (0) 2392 52-608
E-Mail: Presse@vossloh.com

Olivier Provost
Tel : 06 86 44 50 84
E-Mail: olivier@rumeurpublique.fr

About Sateba
SATEBA is the French and European leader in the design and manufacture of concrete railway sleepers and, more broadly, infrastructure for rail transport, one of the lowest-carbon modes of transport. Working closely with its customers, specifiers and suppliers, SATEBA is committed to a more responsible economy by providing sustainable infrastructure solutions that are part of the circular economy. SATEBA is currently owned by TowerBrook Capital Partners, an unlisted private equity fund that is the first of its kind to be BCorp certified, the benchmark for sustainability.

About TowerBrook
TowerBrook is a purpose-driven, transatlantic investment firm that works to grow and improve businesses by partnering with management teams and employees to build excellent companies that make a positive impact on society. The firm is co-headquartered in London and New York, with further offices in Madrid and Paris, and focuses on making investments in companies headquartered in Europe and North America. Since its inception in 2001, TowerBrook has raised in excess of $23 billion and invested in more than 90 companies on both sides of the Atlantic. TowerBrook operates as a single, unified team of experienced investment professionals focused on unlocking value in complex situations. The firm’s highly synergistic family of funds make control and non-control investments across the capital structure, providing capital and resources to transform the capabilities and prospects of its portfolio companies. As a disciplined investor with a commitment to fundamental value, TowerBrook seeks to deliver superior, risk-adjusted returns to investors on a consistent and responsible basis. TowerBrook is the first mainstream private equity firm to be certified as a B Corporation. B Corporation certification is administered by the non-profit B Lab organization and is awarded to companies that demonstrate leadership in their commitment to environmental, social and governance (ESG) standards and responsible business practices. 

About Vossloh
Vossloh is a global technology group that has stood for quality, safety, customer focus, reliability and innovation for around 140 years. With its comprehensive range of products and services for the rail track, Vossloh is one of the world market leaders in this field. Vossloh offers a uniquely broad range of products and services under one roof: Rail fastening systems, concrete ties, switch systems and crossings as well as innovative and increasingly digital-based services for the entire life cycle of rails and switches. Vossloh uses its systemic understanding of the track to address the central customer need of “rail track availability”.
Vossloh products and services are in use in more than 100 countries. With around 75 Group companies in almost 30 countries and over 40 production locations, Vossloh is active locally worldwide. Vossloh is committed to sustainable corporate governance and climate protection and makes an important contribution to the sustainable mobility of people and goods with its products and services.

The Group’s activities are divided into three divisions: Core Components, Customized Modules and Lifecycle Solutions. In the 2023 financial year, Vossloh generated sales revenues of €1,214.3 million with around 4,000 employees.