Mergers and acquisitions

ALSTOM has agreed to purchase onboard Wi-Fi and infotainment specialist 21net, Belgium, from the Innovacom fund and other investors for an undisclosed sum. The sale will be completed within one…
THE shareholders of Italy’s open-access high-speed operator Italo-NTV have decided to accept the offer from the Global Infrastructure Partners III equity fund to acquire the entire share capital of the…
Renato Mazzoncini, chief executive officer of Italian State Railways (FS), talks to David Briginshaw.
Guy Talbourdet, CEO of the Delachaux Group, talks to David Briginshaw.
CZECH rolling stock manufacturer Škoda Transportation has been sold to investment company PPF, Škoda’s parent company, Cyrpus-based CEIL, announced on November 25.
SPEAKING at a joint Siemens-Alstom press conference in Paris on September 27, Mr Joe Kaeser, president and CEO of Siemens, confirmed that the merger of Siemens Mobility and Alstom should…
CAF’s Miira business unit, which specialises in the design and manufacture of wheelsets and couplers, has acquired Rifer, an Italian rail vehicle and wheelset maintenance company.
July 12, 2017

Corys and RSI merge

TRAIN driving simulation specialists Corys, a subsidiary of Areva (66%) and EDF (34%), and RSI, a subsidiary of IFP training, have agreed to merge.
IRJ at UITP Global Summit 2017, Montreal: Following recent speculation that Bombardier and Siemens are in discussions to merge the two companies’ railway equipment manufacturing divisions, Bombardier Transportation CEO Mr…
SIEMENS announced plans on May 11 to cut nearly 1700 jobs in Germany during the next few years including 300 immediately at Siemens Mobility’s Krefeld train building plant, as part…
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