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Luxempart, majority shareholder in the German QUIP Group, is pleased to announce that following the sale of Tracking Rail in 2021, QUIP Group has sold its stake in its subsidiary Talbot to a new group of shareholders via a management buy-out led by Talbot’s CEO.
The Talbot Group has successfully developed into a leading player in support services to the railway sector, offering a wide range of maintenance services for manufacturers and operators. Thanks to the efforts of the management team, combining tradition and innovation, the company has continued to thrive under QUIP ownership, hence securing its historical site in Aachen after the sale by Bombardier in 2013, and is now well positioned to pursue its growth story under the new ownership.
The...
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