Schaltbau agrees to sell rail door unit BODE to Waterland Private Equity

The Carlyle Group

The Carlyle Group

CG

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  • Schaltbau reached a deal to sell 100% of BODE to Waterland Private Equity, shifting ownership of rail-vehicle door and access systems supplier.
  • Closing expected in coming months, pending antitrust clearance.
  • Purchase price not disclosed.
  • BODE generated more than EUR 250 million of revenue in fiscal 2025.
  • BODE to keep its brand and current management, with Waterland backing international expansion, innovation investment, and growth in service and after-sales.


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