Acquisition History / Vossloh AG / Cordel Group plc
Vossloh AG Acquires Cordel Group plc
Announced May 13, 2026 — $39.1M
What happened
Cordel Group is a UK-listed provider of AI-based LiDAR survey and analytics software for rail infrastructure. German rail technology group Vossloh made a recommended cash offer.
- Acquirer
- Vossloh AG
- Target
- Cordel Group plc
- Announced
- May 13, 2026
- Price
- $39.1M
- Industry
- Rail AI / survey analytics software
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Vossloh AG acquire Cordel Group plc?
Vossloh AG acquired Cordel Group plc on May 13, 2026. This was Vossloh AG's 1st publicly tracked acquisition out of 1 we have on record.
How much did Vossloh AG pay for Cordel Group plc?
Vossloh AG paid $39.1M for Cordel Group plc.
What does Cordel Group plc do?
Cordel Group is a UK-listed provider of AI-based LiDAR survey and analytics software for rail infrastructure. German rail technology group Vossloh made a recommended cash offer.
What other Rail AI / survey analytics software companies has Vossloh AG acquired?
Cordel Group plc is Vossloh AG's only publicly tracked acquisition in Rail AI / survey analytics software so far.