# MATE GmbH acquires 30% stake in System7 Railholding

MATE GmbH, part of the AFW Group and parent of Linsinger Maschinenbau, has acquired a 30% stake in System7 Railholding GmbH. The Austrian Federal Competition Authority approved the deal.

- Type: Acquisition
- Announced: 2020-12-15
- Where: Laakirchen, Austria
- Status: announced
- Products: railway technology, track systems, rail milling trains
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [MATE GmbH](https://endata.com/companies/51883.md) (acquirer)
- [System7 Railholding GmbH](https://endata.com/companies/51884.md) (target)
- [INVEST AG](https://endata.com/companies/51885.md) (investor)

## Sources

- [s7-rail.com](https://s7-rail.com/de/news-de-de/linsinger-holding-steigt-bei-system7-ein/), 2020-12-15: "Wir werden in zahlreichen Bereichen Synergien heben können, nicht zuletzt durch das internationale Vertriebsnetz von Linsinger."
- [s7-rail.com](https://s7-rail.com/news/linsinger-holding-becomes-shareholder-of-system7-rail-holding/), 2020-12-15: "We are delighted to welcome a strategic investor on board, after already having achieved the entry of INVEST AG before."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.