15 Oct 2025

"Freshfields Advises Vossloh AG on Regulatory Approval for Sateba Acquisition"

"Freshfields advised Vossloh AG on obtaining antitrust approval for its acquisition of Sateba. The French competition authority granted approval on September 29, 2025, contingent upon Vossloh implementing a proposed commitment. Vossloh AG, based in Werdohl, Germany, specializes in railway infrastructure technology, while Sateba, headquartered in Paris, is a leading European manufacturer of concrete railway sleepers and supports, employing around 1,120 people across 19 production sites. The acquisition was also supported by economic consultancy E.CA Economics, while Sateba's majority shareholder, TowerBrook Capital Partners, was advised by Sidley Austin and 8 Advisory."

**Law Firms Involved in the Transaction:** Freshfields Bruckhaus Deringer advised Vossloh AG, while Sidley Austin, alongside 8 Advisory, represented TowerBrook Capital Partners, the majority shareholder of Sateba. **Transaction Overview:** On September 29, 2025, the French Competition Authority granted approval for Vossloh AG's acquisition of Sateba, contingent upon the implementation of a commitment proposed by Vossloh AG. Vossloh AG, headquartered in Werdohl, Germany, is an international technology group specializing in railway infrastructure, while Sateba, based in Paris, is one of Europe's leading manufacturers of concrete railway sleepers and supports, employing approximately 1,120 people across 19 production sites in ten European countries, with an expected revenue of around €340 million for the current fiscal year. **Legal Team Details:** The Freshfields team was led by partners Uta Itzen and Jérôme Philippe, with senior associate Anne Dos and associates Basile Marin and Narimane Sadoune. The team was supported by the economic consulting firm E.CA Economics. Sidley Austin's team details were not specified in the press release.
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