Alstom concludes divestments to CAF as part of commitment package
Alstom last week concluded the final divestments to CAF as part of its commitments to the European Commission. The move was required in order to secure final clearance for Alstom’s 2021 takeover of Bombardier Transportation.
The manufacturer has formally signed over its its Coradia Polyvalent platform and its Reichshoffen production site in France. Alstom has also divested its Talent 3 platform, which is currently in development in Germany’s Henningsdorf.
In order not to hinder existing orders for the Talent 3 – ÖBB and German operator Vlexx are among the companies that have placed orders – Alstom will work in tandem with CAF in Reichshoffen to fulfil its contracts.
“CAF will integrate the Reichshoffen manufacturing site, the Coradia Polyvalent platform with its associated project portfolio, as well as the intellectual property of the Talent 3 platform aimed at the German and central European markets together with related key engineering personnel”, the Spanish manufacturer said.
More than 700 people work at the Reichshoffen production site in France. The transfer of the Talent 3 platform also comes with the move of a “related team of German engineers.”