Topic: Mergers and acquisitions

Arriva, soon no longer "a DB company"

Deutsche Bahn sells Arriva to US-based investor

German state-owned railway company Deutsche Bahn is selling Arriva group, active in passenger transport in 10 countries across Europe, to the global investment fund I Squared Capital. The transaction is expected to close in 2024,...Read more
|Comment|author: Esther Geerts

Finnish VR Group takes over Arriva Sweden

VR Group from Finland is acquiring Swedish bus and railway company Arriva Sweden, previously owned by Deutsche Bahn. With the takeover of Sweden’s third largest train operator, VR Group wants to grow and strengthen its...Read more
|Comment|author: Esther Geerts

Alstom transfers Zefiro high-speed trains to Hitachi

Alstom has agreed to transfer business activities of Bombardier Transportation’s contribution to the V300 Zefiro very high-speed train to Hitachi Rail. This transaction was one of the European Commission’s condition for Alstom to acquire Bombardier...Read more
|1 comment|author: Esther Geerts

Bombardier sell to Alstom papers complete

December 1 marks the day Bombardier and Alstom have completed all the necessary administrative approvals to complete the sell of Bombardier Transports to Alstom. The talks to sell the Canadian company’s rail division to Alstom...Read more
|Comment|author: Sarah Chebaro