Rhomberg Rail Australia (RRA) has announced the merger of its parent company Rhomberg Rail Holding Group Austria, with Swiss-based international rail technology company, the Sersa Group.
The new company will be known as Rhomberg Sersa Rail Holdings and will employ close to 1600 rail professionals worldwide.
The company’s headquarters will be located in Bregenz, Austria.
Under the merger, the two companies' existing sites in Austria, Germany, Switzerland, the Netherlands, Great Britain, Turkey, Australia and Canada will be included in the new group.
The combined revenue of the two companies in rail (excluding civil and buildings) was $ 450 million for the financial year 2011/12.
The joint venture’s service offering ranges from concept to completion and maintenance of rail infrastructure with a particular focus on track construction and maintenance, electromechanical solutions, overhead wiring, project delivery, consulting and engineering, rail tunnel fitout and refurbishments as well as transport and rolling stock.
The merger has been welcomed by RRA’s managing director Garry Thuer.
Thuer said the joint venture between two of Europe’s leading rail technology companies would serve to strengthen its operations here in Australia.
He went on to say that “RRA has been proud to deliver the Australian market with the successful combination of wide-ranging European expertise with the very best local knowledge.”
“Our capacity and capabilities for Australia will now be significantly enhanced by the merger of Rhomberg Rail Holdings and the Sersa Group, where RRA will now operate as part of an extremely strong international network,” Thuer added.