Siemens acquires MRX Technologies
Written by Railway Age StaffSiemens has acquired MRX Technologies Group, headquartered in Perth, Australia, a provider of condition monitoring for rolling stock and rail Infrastructure, and inspection systems for rail networks.
MRX will operate in the Mobility Division as an independent affiliate of Siemens AG, which is based in Munich.
Siemens said the deal enables it to further expand its offering in the field of predictive maintenance based on digitalization. The MRX Group is comprised of JRB Engineering Pty Ltd., MRX Technologies Ltd., MRX Rail Services Pty Ltd. and MRX Rail Service UK Ltd.
Terms were not disclosed. The acquisition is expected to close in early July.
The MRX Technologies Group has been offering services for manufacturers and operators of rail systems since 1996, and has a comprehensive portfolio for the digitalized condition monitoring of rolling stock components and rail infrastructure. It delivers extensive data used to optimize the maintenance of rail systems and make them more cost-efficient.
“Siemens is focusing on condition-based and predictive maintenance,” said Johannes Emmelheinz, Chief Executive of Siemens’ rail service business. “The digital monitoring of components and systems combined with the analysis of the resulting Big Data by our system experts enables these experts to spot sources of problems at an early stage. With the MRX Technologies Group, we are gaining a highly competent partner for collecting a full spectrum of measurement data related to rail systems – as the basis of our central diagnostics system.”
Siemens said that the acquisition comes as railroads are increasingly shifting responsibility for maintenance to the rolling stock manufacturers. As a result, orders for new rolling stock are often coupled with long-term maintenance contracts, at times extending to the end of the planned rolling stock lifecycle.
