HUBER+SUHNER with strategic focus in the railway market
As part of a strategic streamlining, HUBER+SUHNER has decided to distance itself in the European railway market from business involving build-to-print harnessing (production of carriage body and underfloor cabling to specification). As part of this alignment, HUBER+SUHNER signed the contract for the sale of its cable system project for the Twindexx trains to Kabel-Technik Polska Sp. z o.o. (part of PKC Group and ultimately MSSL) on 31 July 2017. The sale shall come into force on 1 September 2017, after the end of a phase for completion of closing conditions. The production capacities extended for this project exclusively at the plant in Poland and the employees concerned will transfer to the buyer.
The business with wires and cables is not affected by this decision. HUBER+SUHNER remains a strategic supplier and a leading provider of these products in the global railway market.
Patrick G. Koeppe
Head Corporate Communications
+41 44 952 2560
Media release in PDF format