Join the 155,000+ IMP followers

railway-usa.com
ALSTOM News

Alstom completes divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT 3 platform, currently developed in Hennigsdorf, Germany to CAF

Closing of transaction with CAF required by the European Commission in relation to the acquisition of Bombardier Transportation.

Alstom completes divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT 3 platform, currently developed in Hennigsdorf, Germany to CAF

Alstom announced today that it has concluded the divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT 3 platform, currently developed in Hennigsdorf, Germany to CAF. The transaction is part of Alstom’s commitments to the European Commission in relation to Alstom’s acquisition of Bombardier Transportation.

To ensure a seamless transition, Alstom will honour its remaining obligations under existing orders for TALENT 3; and will operate in consortium with CAF to fulfil existing contracts for rolling stock delivery from the Reichshoffen site.

The transaction complies with all applicable social processes and consultations with employee representative bodies and was subject to regulatory approvals. Alstom wishes to thank the local teams for their ongoing contributions to its success over the last decades.

Finally, this milestone signals the completion of the divestment commitments to the European Commission for their clearance of the Alstom/Bombardier transaction.

www.alstom.com

  Ask For More Information…

LinkedIn
Pinterest

Join the 155,000+ IMP followers