The IQ Industrial Holding group of companies has acquired the former Deutsche Bahn subsidiary WBN Waggonbau Niesky GmbH, a manufacurer of railroad cars. The company based in Niesky, Saxony has about 200 staff members and, by supplying railroad car components for Deutsche Bahn and other railway companies, achieves annual sales of almost 50 million euros. As of the transaction, Waggonbau Niesky operates as a medium-sized company of its own. It retains the Niesky factory’s core staff.
