[DE] Vossloh completes the sale of its locomotive business to CRRC

Vossloh AG has finalized the sale of its third and last part of its former Transportation division. As of 31.05.2020, Vossloh Locomotives in Kiel is owned by CRRC Zhuzhou Locomotive from China (CRRC ZELC), a subsidiary of China Railway Rolling Stock Corporation (CRRC). It means Vossloh will now focus entirely on rail infrastructure products and services, a decision that was taken several years ago. 

  • 2015: Vossloh Rail Vehicles (Valencia) sold to Stadler Rail;
  • 2017: Vossloh Electrical Systems sold to Knorr-Bremse;
  • 2020: Vossloh Locomotives sold to CRRC ZELC.

The Locomotives business unit, which is headquartered in Kiel, develops and produces diesel-electric locomotives and offers all the maintenance and repair services that they require.