Mergers and acquisitions

EUROPEAN wagon leasing company VTG says it has reached a significant milestone in the takeover of Nacco, one of its smaller competitors, with the signing of purchase agreements by a…
GREENBRIER announced on August 8 it has acquired a 68% stake in Turkish freight wagon manufacturer Rayvag, expanding its European operations in an area it says offers a key connection…
KNORR-Bremse announced on August 6 it will sell its British-based businesses, Knorr-Bremse RailServices and Kiepe Electric, to Munich-based holding company, Mutares, with closing expected by autumn 2018.  
VOSSLOH announced on August 3 that it had signed a contract with international engineering enterprise Laing O’Rourke for the acquisition of Australian concrete sleeper manufacturer Austrak, with closing expected in…
MORE than 95% of Alstom’s shareholders voted in favour of the merger with Siemens Mobility at a special shareholders’ meeting which took place in Paris on July 17.
SLOVAKIA’s competition authority has approved the merger of Budamar Logistics and Optifin Invest with the joint acquisition of freight wagon manufacturer Tatravagónka.
COMPLETION of the planned merger between Siemens’ Mobility division and Alstom could be delayed until from the end of 2018 until some time during the first half of 2019 due…
THE planned merger between Siemens Mobility and Alstom has moved a step closer after Siemens has passed two key legal hurdles in France.
THE ranking of the world’s largest railway equipment suppliers is set to change when the agreed merger between GE Transportation and Wabtec comes into force, according to analysis by IRJ.
CZECH rolling stock manufacturer Škoda Transportation Group has acquired the remaining 25% stake in Finnish train builder Transtech for an undisclosed sum.
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