New company name

RAIL.ONE GmbH Pfleiderer track systems

Effective on 13 April, Axa Private Equity will become the new owner of Pfleiderer track systems. The company AXA Private Equity, founded in 1996, is a subsidiary of AXA Investment Managers, with offices in Paris, Frankfurt, London, New York, and Singapore. AXA Private Equity has specialized in investment in companies not listed on the stock exchange. As part of the sale of business activities to AXA Private Equity, Pfleiderer track systems will change its corporate name to RAIL.ONE GmbH.

The management of RAIL.ONE GmbH will include the following: Richard Ziegler (CEO), Hans Bachmann, and Gerhard Binner.

For Richard Ziegler, CEO of the Board of Management of RAIL.ONE GmbH, the new independence of the company represents its launch into a promising future: “We can now continue to expand our potential as a flexible, medium-sized company, and to respond even faster to the requirements of our customers and of the market in general.”

About the PCM RAILONE Group

The PCM RAILONE Group has been manufacturing concrete sleepers and track systems for urban transit and long-distance rail transportation for over 60 years. The technology leader also offers its expertise in the fields of engineering and plant construction. Its customer-driven innovations fulfill the highest quality standards and are installed around the world

The PCM RAILONE Group is comprised of several companies and eleven production facilities with a presence in Germany, Romania, Saudi Arabia, Spain, South Korea, Hungary, Turkey, the United States, Canada and lndia. lt maintains annual capacities of over 5 million track sleepers and 840,000 linear meters of turnout sleepers. RAILONE produces optimized products and custom solutions with over 550 employees around the world.