Topic: Mergers and acquisitions

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

Akiem enters UK’s train leasing market

Akiem Group has expanded its business to the United Kingdom. The French-German locomotive lessor purchased the rolling stock leasing business of Macquarie Europe Rail. As a result, around 300 units of rolling stock will be...Read more
|Comment|author: Mykola Zasiadko
Alstom site in Tarbes with roof solar panels, source: Alstom

Alstom confirms ongoing talks with Bombardier

Alstom has officially confirmed its talks with Bombardier. The French train manufacturer plans to purchase the rail business unit of the Canadian company. The other details have not been disclosed. Alstom will report them after...Read more
|Comment|author: Mykola Zasiadko

Alstom bids a price for Bombardier rail unit

Alstom has appraised the rail business of Bombardier at 7 billion dollars (around 6.5 billion euros). This price, as some media report, was offered by the French rolling stock manufacturer for the first time. However,...Read more
|Comment|author: Mykola Zasiadko

Bombardier in merger talks with Alstom

After selling a major part of its aviation business, Canadian company Bombardier plans to get rid of its 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