Stadsbader Rail is now an official part of the Stadsbader Group
Harelbeke, 20 December 2024 – The competition authorities have given the green light for the sale of EQOS Energie Belgium NV to the Stadsbader Group. The former subsidiary of EQOS Deutschland, which operates in the field of railway and overhead line works, will henceforth continue its activities as a sister company to Stadsbader and STADSBADER CONTRACTORS under a new name: Stadsbader Rail.
In November, Stadsbader Group and EQOS Deutschland announced an agreement regarding the acquisition of EQOS Energie Belgium. Now that the competition authorities have also given their approval, the official transfer is complete.
Erwin Gelaes, Managing Director of Stadsbader Rail: “With this acquisition, we are bringing our expertise into the Stadsbader Group, a group that embodies trust and collaboration towards our employees, customers, partners and other stakeholders. Thanks to the support of our colleagues at STADSBADER CONTRACTORS, we can further establish ourselves as the leading all-round partner in Belgium for the construction and electrification of railways. Whether it concerns infrastructure or technology for trains, trams or metros: we are firmly committed to sustainability, flexibility and effectiveness. Together, we are strengthening our impact. We build as one!”
Stadsbader Rail, which achieved a turnover of 22 million euros last year, will continue its operations from its familiar headquarters in Edingen with the current management team and its 130 dedicated employees. The company will operate autonomously within the Stadsbader Group, whilst benefiting from the strategic guidance of STADSBADER CONTRACTORS and its experienced rail division. STADSBADER CONTRACTORS remains under the leadership of Executive Director Jan Folens, whilst Dominique Valcke is at the helm of the Stadsbader Group.
STADSBADER CONTRACTORS is already looking forward to this reinforcement. Jan Folens: “With Stadsbader Rail, we can support our clients even better in the challenges they face with the renovation and expansion of the rail and tram network. This acquisition gives us the opportunity to take the lead in the transition of this sector.”
Dominique Valcke confirms: “With this acquisition, we are once again strengthening our position as a multidisciplinary player in the construction sector. Since the acquisition of Stadsbader Contractors in 2022, our focus on civil engineering works, including rail and overhead line works, has grown further. With the addition of Stadsbader Rail, we are now significantly expanding our capabilities in this area, enabling us to focus even more strongly on sustainable transport solutions and contribute to reducing CO₂ emissions in the mobility sector. Together with our other areas of expertise in infrastructure, construction, engineering and civil engineering, we are increasingly building the environment for the future."
