Topic: Mergers and acquisitions

Bombardier in merger talks with Alstom

After selling a major part of its aviation business, Canadian company Bombardier plans to get rid of the rail activities. It has started negotiations with the French rolling stock manufacturer Alstom on a possible merger....Read more
|Comment|author: Mykola Zasiadko

Wabtec adds another locomotive facility to its portfolio

U.S. technology company Wabtec Corporation has purchased RELCO Locomotives. The Iowa-based facility is focused on the maintenance and retrofitting of locomotives for railway operators and transit agencies across North America. This acquisition will strengthen the...Read more
|Comment|author: Mykola Zasiadko
Arriva train in Czechia

Deutsche Bahn prepares Arriva for IPO

Deutsche Bahn is considering to launch an initial public offering (IPO) of its multinational transport subsidiary Arriva. The company’s minority stake might well be sold next year. Afterwards, DB plans to put the remaining shares...Read more
|Comment|author: Mykola Zasiadko
Vossloh-made rail frog, source: Vossloh

Vossloh sells US turnout facility to Caterpillar

German supplier of railway products Vossloh Group has sold Cleveland Track Material, its main facility focused on manufacturing the turnout systems for the North American market. The plant was purchased by Progress Rail, a subsidiary...Read more
|Comment|author: Mykola Zasiadko
Eurostar, Thalys and TGV trains at Brussel-Zuid station, source: Maarten Otto via Flickr

Thalys and Eurostar may merge into one entity

European cross-border high-speed railway operators Thalys and Eurostar may merge into one entity. By 2030, the combined company will serve 30 million passengers a year and make a significant contribution to the EU’s ‘shift to...Read more
|Comment|author: Mykola Zasiadko
Indonesian delegation at Stadler facility in Switzerland, source: Stadler Rail

Stadler establishes first joint venture in Asia

Swiss rolling stock manufacturer Stadler Rail has set a strategic milestone in expanding its business abroad. The company signed an agreement with its Indonesian counterpart PT INKA to establish the first joint venture in Indonesia...Read more
|Comment|author: Mykola Zasiadko
Vossloh DE18 locomotive, source: Vossloh

CRRC purchases locomotive business from Vossloh

CRRC Zhuzhou Locomotive, a subsidiary of China Railway Rolling Stock Corporation (CRRC), will purchase Locomotives business unit from Vossloh Group. The deal will be finalised in the coming months. Afterwards, Vossloh will focus exclusively on...Read more
|Comment|author: Mykola Zasiadko
Newcastle Light Rail, source: Wikipedia

Ricardo Rail steps up to Australia

British advisory and engineering company Ricardo has purchased shares of Transport Engineering, a leading rail technical services consultancy based in Australia. The acquisition strengthens Ricardo‚Äôs rail division and increases its total staff to more than...Read more
|Comment|author: Mykola Zasiadko
GE locomotives, source: General Electric

GE Transportation merges with Wabtec

GE Transportation, the General Electric’s subsidiary specialised in manufacturing rolling stock and railway equipment, has merged with Wabtec Corporation. The U.S. technology company has sold more than half of GE Transportation shares. The remaining lesser...Read more
|Comment|author: Mykola Zasiadko