Direct Track Solutions Ltd (DTS), based in Dinnington, has been acquired by Swiss company Schwihag AG.
Founded in 2002 by Martin and Melanie Southwell, Direct Track Solutions Ltd specialized in competitive supply chain solutions for the railway industry. Having significantly expanded the business, the Southwells sought a partner to build on their success.
Schwihag, established in 1971 in Tägerwilen, Switzerland, brings over 50 years of experience in the rail sector as a global supplier of innovative and proven trackwork components and fastening systems.
The acquisition of DTS complements Schwihag’s existing manufacturing facilities in Doncaster, Leipzig, and Grandview, as well as its regional offices in Valencia and New Delhi. The transaction, whose financial details remain undisclosed, strategically enhances Schwihag’s UK presence and broadens its product and service offerings.
Direct Track Solutions Ltd will continue to operate under its existing brand, with its structure and personnel remaining unchanged.
Karl-H Schwiede, President of the Schwihag Group, expressed enthusiasm for the acquisition: “We are excited to continue working with DTS and value our ongoing partnership.”
Melanie and Martin Southwell of Direct Track Solutions Ltd stated: “After 22 years of building a successful business, we decided it was time to find a buyer capable of elevating the company to new heights. Schwihag AG, with its global reputation for high-quality railway track products, is the ideal partner to enhance the DTS brand and offer greater opportunities for our team. We are thrilled that DTS’s future is in capable hands and confident that the business will thrive.”
Corporate finance advice to DTS was provided by Andy Ryder and Adam Ames of Shorts, with legal guidance from Matt Ainsworth of Shakespeare Martineau. Rebecca Robinson of Wake Smith advised Schwihag.
Melanie and Martin Southwell commented: “We had full confidence in Andy Ryder and Adam Ames at Shorts, along with Matt Ainsworth of Shakespeare Martineau, throughout the lengthy transaction. Their professionalism ensured the process was completed to the highest standard and met our expectations. We highly recommend their services.”
Andy Ryder, Corporate Finance Partner at Shorts, said: “We are pleased to have facilitated this transaction for Martin and Melanie. It has been a pleasure working on this international deal, and we look forward to seeing Direct Track’s continued success under Schwihag’s ownership.”
Matt Ainsworth, Corporate Partner at Shakespeare Martineau, added: “We are delighted to have supported Martin and Melanie in the sale of Direct Track to Schwihag. This acquisition highlights the attractiveness of high-quality local businesses to international investors. We wish the business continued success in the future.”