French Channel Tunnel operator Getlink announced on Wednesday that its rail subsidiary Europorte would be acquiring a 20% stake in T.S.Rail (Track Solution Rail), a company specializing in rail installations and rolling stock.

Through this transaction, Europorte says it wants to broaden its offering and activities, paving the way for new projects in a market 'undergoing major transformation'.

T.S. Rail is a holding company grouping together five entities (Somarail Nord, Somarail Sud, Somarail Est, Somarail Réseau and Ingefer), with a total workforce of nearly one million.Rail is a holding company grouping together five entities (Somarail Nord, Somarail Sud, Somarail Est, Somarail Réseau and Ingefer) with a total workforce of almost 140 and annual sales of 25 million euros.

Headquartered in Grande-Synthe, the company offers technical and intellectual services on the national rail network, branch line terminal installations and local and port railroads.

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

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